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
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.
The index will have to cross the all-time high of 11,170 to confirm the big bull market remains alive