India VIX is a measure of the market’s expectation of volatility. It typically rises ahead of events like the Lok Sabha elections, which could have a major impact on the market trajectory. 

Typically, when India VIX is close to the 10-12 range, it is considered low and a VIX level of 20 or above is considered high. 

A high VIX indicates a rise in fear and expectations of increased volatility ahead. If VIX goes down, option premiums become cheaper.  

VIX Calculation involves both the current month and next month Out of the Money (OTM) options. In the Money (ITM) and At the Money (ATM) options are excluded from VIX calculation.  

As a rule of thumb, VIX values greater than 30 are generally linked to large volatility resulting from increased uncertainty, risk, and investors’ fear. 

This research serves educational and informational purposes only. It is not to be considered as a portfolio management service, basket recommendation, or investment advisory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.