New Delhi, April 25 -- The key equity indices fell sharply on Thursday with the Brent, the global oil benchmark, crossing the $75 a barrel mark for the first time in 2019 and due to weak Chinese markets.
Sentiments also took a hit as the rupee lost nearly 40 paise against the dollar during the day.
Uncertainty due to the ongoing general elections and rising oil prices shot the 'VIX' up to 25.53 on Thursday.
VIX or the 'fear gauge' - the measure of market's expectation of volatility - was marginally below the three-year peak of 26.31, indicating poor investment sentiments.
Among the sectoral indices, the PSU Bank Nifty fell the most. Bank stocks came under pressure on derivative expiry day as lesser long positions seemed to be rolled o...