HomeNewsBusinessMarketsSharp volatility, correction likely ahead of Q3 results; Vix jumps, be cautious on leveraged stocks

Sharp volatility, correction likely ahead of Q3 results; Vix jumps, be cautious on leveraged stocks

Sucheta Anchaliya • January 04, 2024 / 14:20 IST

India VIX has reached its highest levels in more than 6 months, closing at 14 levels due to the closure of Call writers' positions. While the market remains in an uptrend, analysts believe that such a sharp rise in volatility ahead of the results season suggests one should exercise caution in highly leveraged stocks.

The India Volatility Index moved to at a 9-month high of 16 on 28 December 2023

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