Market fall intensifies; Nifty breaches 24,000 level; VIX leaps 46.08%

At 11:30 IST, the barometer index, the S&P BSE Sensex, was down 2,427.24 points or 3% to 78,526.99. The Nifty 50 index tanked 697.80 points or 2.95% to 23,989.45.