Stock Market LIVE Updates: Sensex nosedives 1,100 points, Nifty50 drops below 17,500; fear gauge VIX surges 15%

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Stock Market LIVE Updates: Indian equity benchmarks Sensex and Nifty50 gave up initial gains following a positive start on Monday, despite gains across most other Asian markets. Losses in oil & gas, financial and automobile shares pulled the headline indices lower, though gains in consumer shares and select heavyweights such as Bharti Airtel lent some support. Broader markets also tumbled, with the midcap and smallcap indices down 0.8 percent each in early deals.

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