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Volatility index near one-year low a day ahead of futures launch
25 Feb 2014, 01:49 PM IST
India VIX index hit its lowest intraday level since March 11, 2013, a day ahead of the launch of futures contracts with options volatility easing on improved sentiment, sparked by foreign investor buying over the previous two weeks.
India VIX index hit its lowest intraday level since March 11, 2013, a day ahead of the launch of futures contracts with options volatility easing on improved sentiment, sparked by foreign investor buying over the previous two weeks.
India VIX is a volatility index based on the index options prices of the Nifty.
Indian equities are expected to remain supported as overseas investors have been net buyers of nearly $450 million over the last nine sessions.
Copyright: Thomson Reuters 2014
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