Market snaps 5-day gains; Nifty ends below 24,750; VIX spurts 11.4%

As per provisional closing data, the barometer index, the S&P BSE Sensex fell 885.60 points or 1.08% to 80,981.95. The Nifty 50 index dropped 293.20 points or 1.17% to 24,717.70. Both the indices had climbed over 2% in five consecutive trading sessions.