India’s Market Volatility Gauge, Nifty VIX, Ticks Higher

India’s key indicator of expected market volatility, the Nifty VIX (INDEXNSE: INDIA_VIX), edged upwards during morning trading in the Indian markets today, April 17th.

As of 10:42 AM India Standard Time (IST), the Nifty VIX, often referred to as India’s “fear gauge,” was trading at 15.97. This represents an increase of 0.10 points, or 0.65%, for the day’s session.

The Nifty VIX measures the market’s expectation of near-term volatility based on the Nifty 50 index option prices. A rise in the VIX generally suggests that traders anticipate larger price swings or increased uncertainty in the benchmark stock index over the next 30 days.

Today’s trading session saw the index open at 15.86, matching its previous close. It reached an intraday high of 16.02 and touched a low of 15.56, according to the available data. The current level near 15.97 indicates a slight increase in perceived risk compared to the start of the session.

International investors monitor the Nifty VIX for insights into the overall risk sentiment and expected choppiness within the significant Indian equity market.