India VIX spikes 21% amid stock market selloff: Is a steep fall coming for Sensex, Nifty 50?
India VIX, or the fear gauge that indicates the degree of nervousness in the Indian stock market, is going through the roof amid an escalating US-Iran conflict, a sharp surge in crude oil prices, and the rupee’s fall to record lows. The volatility index surged by more than 21% intraday on Wednesday, March 4, hitting…