After months of consolidation near the 20 level, India's VIX has started moving higher. Today, it has climbed 7% to reach a 3-month high.
Going forward, it is worth keeping an eye on the movement of VIX, which is a measure of volatility in the markets. Rising VIX usually coincides with fear and anxiety in the markets, while falling VIX is a measure of receding fear and anxiety.
