India VIX Today Live Stock Price

India VIX, the volatility gauge of the Indian stock market, has plunged by 27% to 14.87 on August 6, 2024. This sharp decline was primarily driven by a robust recovery in the benchmark indices, Sensex and Nifty50.

The recent VIX movement reflects a technical pattern known as the triple bottom around the 11-12 zone. This indicates a potential shift in market sentiment towards stability and reduced volatility.

However, it is essential to note that the India VIX had witnessed a significant surge of 50% on August 5, 2024, due to global recession fears triggered by weak US jobs data. Therefore, despite the recent decline, market volatility remains a concern.

Here are some resources for further information:

• Why volatility gauge, India VIX, plunged 27% today, August 6? Details here: https://www.business-standard.com/markets/news/why-volatility-gauge-india-vix-plunged-27-today-august-6-details-here-124080600247_1.html

• Market crash: India VIX rises 60% as Sensex, Nifty plunge on US recession fears: https://www.businesstoday.in/markets/market-commentary/story/market-crash-india-vix-surges-sensex-nifty-plunge-on-us-recession-fears-440119-2024-08-05

Please note that the India VIX is a dynamic indicator, and its movements are influenced by various factors, including global economic trends, domestic political developments, and corporate earnings reports. Therefore, staying updated with the latest news and analysis is crucial for making informed investment decisions.