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BSE Sensex 17195.81 27.85 0.16%
NIFTY (S&P CNX) 5153.55 20.15 0.39%
India VIX 20.14 0.05 0.25%
Fri, Mar 12, 2010 09:23AM IST
India Markets Open.


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 \frac{15%}{\sqrt{12\ months}} = 4.33% 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.