Indian benchmark indices ended in the red on Thursday's trading session. While Sensex dipped 411.97 points or 0.51% to close at 80,334.81, Nifty on the other hand settled at 24,273.80, down 140.60 points or 0.

The BSE Sensex, which was trading flattish earlier, shed 354.36 points, or 0.44 per cent, to 80,392.42. Nifty traded at 24,264, down 150.40 points or 0.62 per cent. India VIX soared 10.16 per cent to 21 level.

For the Nifty -50 Index, 24500 would be the immediate breakout level, above which could move up to 24600-24650. On the other side, a fall below 24300 could accelerate the selling pressure, said expert