Mint caught it from the NSE based resurgence in Market trading, we caught it earlier in 2004. It is a kind of bug really. The VIX goes low, normally to signify the rise because market expectations are stable, but the VIX actually also goes low when the market is absolutely not ready to make further purchases like right now when the VIX in the dying embers of the recession floats at its bottom for days on end. However, the downward reaction may still be arrested by a return to the bull market bu tthat would not riade lower price volatility.

[Tag Volatility, VIX, NSE, India]
[Topics Indian-Stocks]

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