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“INDIA VIX SURGES 24%: MARKET VOLATILITY SPIKES AFTER ELECTION”

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 …

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