Markets in panic mode: India VIX spikes 15% in trade; up 91% since Feb. 27

Business Standard
2026.03.22 21:11
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Indian stock market volatility surged 15.3% as the West Asia conflict continues, with the India VIX rising 14.78% to 26.19. Since February 27, 2025, it has increased over 91%. The BSE Sensex fell 1,768 points (2.37%) to 72,756.51, while the Nifty dropped 560.8 points (2.42%) to 22,555.30. Investor sentiment remains cautious amid escalating tensions between the US and Iran, with oil prices near $112 per barrel. Analysts suggest that the rupee's depreciation may benefit exporters, while uncertainty looms over market stability.