At 10:59 AM, India VIX was down 21.1 per cent at 19.48 after US President Donald Trump delayed attacks on Iranian infrastructure, and crude oil prices declined below $100 per barrel
Market volatility rose after Iran attacked several energy facilities across West Asia following a strike on its South Pars gas field, a major escalation in Tehran's war with the US and Israel
The latest spike in the Vix index is a sign that investors were visibly rattled by global developments and fear a further drawdown in stock prices, said experts
India VIX, the measure of market volatility in the domestic market, jumped as much as 10.36 per cent to 14.0, the biggest intraday jump since March 24 this year
India VIX, the measure of market volatility in the domestic market, jumped as much as 10.95 per cent to 13.9, the biggest intraday jump since January 6 this year