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#MarketsWithMC | In an unusual pattern, Nifty 50 moves in sync with volatility index for days Read more on👇 https://t.co/prRj4e1v1a #Stocks #Shares #Markets
In a rare occurrence, India’s benchmark stock gauge and its volatility index have moved in tandem for seven straight days. To some market watchers, that signals traders are less concerned about further declines in large-cap shares. https://t.co/G2A4gsB8Sn
India #VIX has fallen six straight sessions while the #Nifty 50 has shed more than 1.5% in the same period, which could indicate that traders are not panicking.
The India Volatility Index (VIX) has decreased by 5.03% to 13.72, indicating a decline in market volatility. This marks the sixth consecutive session of decline for the VIX, while the Nifty 50 index has dropped more than 1.5% during the same period. The unusual correlation between the benchmark stock gauge and the volatility index has persisted for seven straight days, suggesting that traders are less concerned about further declines in large-cap shares. Market analysts believe this trend reflects a lack of panic among traders despite the Nifty 50's performance.
