VIX at five-year high ahead of exit polls

Tags: VIX, Stock Market
NSE's volatility index, or India VIX, hits its highest level since March 11, 2009, and is headed for a fourth consecutive session of gains ahead of exit poll results later in the day.

India VIX measures the cost of protection via options and is seen by some investors as a "fear" gauge.

The volatility index is up 3.6 percent, adding to Tuesday's surge of 9.9 percent., just as the Sensex and Nifty surge to record highs.

RELATED ARTICLES

EDITORIAL OF THE DAY

  • Mental illness needs to be treated not dismissed as madness

    We’re all mad here.” So said the Cheshire cat to Alice (Alice in Wonderland, Lewis Carol). It’s a matter of perspective who we call mad.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Amita Sharma

Sanskrit: a victim of academic schizophrenia

J Robert Oppenheimer, the father of the atomic bomb and ...

Zehra Naqvi

God save the child

Childhood is supposed to be the best phase in life. ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture