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
The Nifty50 surged 1.35 per cent, adding 327 points to hit an intraday high of 24,382.60, while the BSE Sensex gained 1,100 points, or 1.38 per cent, hitting an intraday peak of 79,852.08.
India VIX on June 3: The decline in Indian markets' volatility index came after exit polls, which came in the evening on June 1, 2024, gave a clear majority to the BJP-led NDA alliance
Lok Sabha elections and markets: From a 52-week low of 8.4, India VIX has soared 191 per cent to over 24 levels now. In one month, it has sprinted 124 per cent