Sensex falls over 550 pts, but Nifty IT outshines; India VIX jumps 16%Among sectors, except IT other indices are witnessing selling pressure with PSU bank index shed over 3 percent, followed by metal (down 2.5 percent), energy (down 2 percent), auto, FMCG, infra and pharma. BSE Smallcap and Midcap index down 2 percent and 1.5 percent respectively.
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