Fri, Mar 12, 2010 09:23AM IST
India Markets Open.
India VIX| India VIX 20.09 -0.71 (-3.41%) | ||||||||
|---|---|---|---|---|---|---|---|---|
| Previous Close | 20.80 | Open | 20.77 | |||||
| Day High | 20.77 | Day Low | 19.89 | |||||
| 5 Day High | 21.47 | 5 Day Low | 19.89 | |||||
| 30 Day High | 32.14 | 30 Day Low | 19.89 | |||||
| YTD High | 32.14 | YTD Low | 19.89 | |||||
| what is vix? | ||||||||
India VIX: Volatility Index
VIX is a measure of the implied volatility of Nifty 50 Index Option prices over the next 30 day period. It is an estimate of investor sentiment and is a helpful indicator of the amount the market is expected to "fluctuate" in the near term. Higher the implied volatility, higher the India VIX value and vice-versa.How to interpret VIX?
The VIX is quoted in terms of percentage points and translates, roughly, to the expected movement in the Nifty 50 Index over the next 30-day period, on an annualized basis. For example, if the VIX is at 15, this represents an expected annual change of 15%; thus one can infer that the index option markets expect the Nifty 50 to move up or down
over the next 30-day period.
That is, if, for example, the Nifty 50 is currently at 100, then the estimated 30-day change in the Nifty 50 will be within 4.3 points up or down.
Read more about India VIX at nseindia.com.
