India VIX surges 24% over coronavirus fears
Updated : February 28, 2020 10:14 AM IST
The India VIX on the NSE surged 24.43 percent to 22.105 points in the opening trade.
The Volatility Index is a measure of market’s expectation of volatility over the near term.
Both the indexes have shed about 6% so far this week, on track for their worst week since Feb. 12, 2016.