VIX Volatility Index Soars to 52-Week Peak: Predictions for May Amid Election Season
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- India’s volatility index, VIX, reached a 52-week peak at 16.96 before concluding the session with a 13.56 per cent surge, settling at 16.6 on Monday’s trading session.
- The index has been exhibiting a characteristic oscillating pattern, plunging by over 20 per cent to dip below the 10 mark on April 23, and then surging by over 60 per cent in the following 8 trading sessions.
- Experts predict that the index is likely to rise further in the coming weeks amid ongoing general elections in the country.
India’s VIX index reaches a new 52-week peak, with experts predicting further increases amid ongoing general elections. This article delves into the details and potential implications of this development.
Unprecedented Surge in India’s VIX Index
India’s volatility index, ... Read the full article for FREE at COINOTAG!
