On Thursday, the benchmark BSE Sensex with a huge loss of 654 points at 27,458. In the process, the BSE index has now slumped over 4.4 per cent (1,278 points) in the last seven trading sessions.
The NSE Nifty tumbled not only slipped below the 8,500-level, but also nose-dived below the 8,400-level, to touch a low of 8,325. The Nifty eventually ended with a loss of 189 points at 8,342.
The India VIX (Volatility) index zoomed over 15 per cent to 15.16.