Sensex tanks 1,300 pts from day's high; India VIX surges 8%; here's why 

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Market cap of BSE-listed firms fell to Rs 460.11 lakh crore in the afternoon deals. Stocks such as Bajaj Finance, Eternal, Maruti Suzuki, Trent and IndiGo were the top Sensex losers , falling up to 3.68%.