Due to the new wave of Covid-19 in Europe and weak global cues, all the sectoral indices have been ended in the red in India. Most of the Nifty and Sensex stocks have formed big red candlesticks on a daily chart today. With bloodbath on dalal street, it has erased the gains of the last 11 days and heavily suffered a worst single-day loss in more than seven months.
Sensex ended the day at 45,554 levels, down 3% or 1,407 points and on the other side, Nifty50 ended the day at 13,328 levels, down 3.14% or 432 points. The volatility index(India VIX) spiked 24.52% to 23.19.