Market Reverses Gains; Sensex Falls 1,100 Points

Benchmark indices turned sharply negative on February 19, with Sensex dropping ~1,100 points and Nifty near 25,500 amid broad-based selling (at the time of posting this post) . Profit booking, rising crude prices, weak bank stocks, and higher volatility (India VIX up 8%) weighed on markets. Analysts see consolidation unless Nifty sustains above 26,000. Major losser -