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Sensex down 400 points after GDP shocker

The Sensex on Tuesday fell over 400 points during the early trade session as investors reacted to the lower-than-expected GDP growth rate numbers released on Friday.

Indian ”VIX” or the volatility index — market”s expectation of volatility over the near term — shot up by 7 per cent to 17.41.

Except for the export-oriented IT stocks, all other Nifty sectoral index traded lower.

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