Sensex, Nifty: India VIX up 100% in 13 days; elections, FPI selloff weigh; what's next?

Sensex hit a sub-72,000 mark of 71,882.90 earlier today, losing 782 points in the process. Nifty slipped below the 22,000-mark, with India VIX rising another 13.10 per cent to 21.03.
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