India, Oct. 14 -- Indian benchmark indices remained in negative territory during afternoon trade on Wednesday as losses across financial services, pharmaceutical and automobile stocks outweighed gains in select sectors. The Sensex declined 172.82 points to 72,860.96, while the Nifty 50 fell 69.05 points to 22,652.90 at 2:01 pm.

The India VIX rose 4.07% to 14.70, indicating increased market volatility as investors assessed crude oil prices and geopolitical risks.

Sensex, Nifty 50: Key Market Levels

The BSE Sensex opened at 73,049.76 and moved between an intraday high of 73,195.26 and a low of 72,578.75. The NSE Nifty 50 started the session at 22,715.75, reaching a high of 22,757.95 before slipping to 22,558.95.

Both indices remained be...