Volatility Index tracks historical trend, surges 70% from April

Volatility Index tracks historical trend, surges 70% from April lows ahead of election results India VIX or the Volatility Index that gauges investor sentiment and fear in the market shot above the psychologically important point of 17 on Tuesday, May 07. In fact, India VIX has surged over 70% from its low of 10, which it touched on April 23. What’s driving this uplove? This time, the volatility gauge is spiking ahead of the general elections and investor concerns about the final result. “The rise aligns with historical trends, as the VIX typically climbs before major events like general elections,” said Santosh Meena, Head of Research at Swastika Investmart. The historical data shows that the index has seen a jump of 150% during 2019 and over 200% in 2014. “Based on this historical context, a further increase in the VIX is likely, with a potential move towards 25 before the election results,” he said. [Read more](3D/0/2) If you would prefer not receiving our emails, please [Click Here](3D)