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Why in the news? India VIX, known as the fear index, surged by 24% to close at 26.75. During intraday trade, the index spiked by 51% to reach 31.71, indicating heightened market volatility. This increase followed the Lok Sabha election results, which showed fewer seats than expected for the Bharatiya Janata Party (BJP). About India …
Read MoreWhy in the news? India VIX, a key indicator of market volatility, spikes above 21 amidst election uncertainty and foreign investor sell-offs, prompting caution among traders and investors. Rising India VIX reflects heightened fear and expected market turbulence, impacting investment strategies and prompting vigilance during the ongoing market correction. About Volatility Index(VIX): Measures near-term market …
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