VIX heads towards biggest slump in over 4-1/2 years
May 13 2014 , Mumbai
India VIX had surged in the lead-up to the exit polls as investors braced for a potential negative surprise.
However, projections for a majority reinforce market expectations. The Sensex rose as much as 1.57 percent to a record high of 23,921.91 while the Nifty surged 1.45 percent to record high of 7,116.20.