Volatility index heading for biggest gain in a month

NSE's volatility index, or the domestic equivalent of the VIX fear gauge, advances 10.4

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percent, heading for its biggest single day rise since January 27 as rising tensions in Ukraine cast a shadow over emerging markets.

The Nifty falls 0.97 percent, on its way to snapping a five-day wining streak that saw the index gain 3.1 percent.

Also, CBOE Emerging Markets ETF volatility index is heading for the biggest single day gain since February 3.

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