The Sensex rose 610.80 points or 1.83% to close at 33,917.94. The Sensex and Nifty have given up roughly 5.5% since the start of February. VIX, a measure of traders’ expectations of near-term risks in the market, usually drops sharply when sentiment is strong. The lack of investors’ risk appetite also resulted in mid- and small-cap shares underperforming the blue chips that constitute the Sensex and the Nifty. The PSU Bank index ended 0.5% lower on Monday after dropping as much as 3% earlier in the day.
Source: Economic Times March 13, 2018 01:39 UTC