On the day of September month expiry, the India VIX closed above its 200-day moving average (DMA), but it failed to maintain the momentum and slipped back into the 10-11 zone. It was somewhat surprising that despite a significant spike in the US CBOE volatility index, there wasn’t a major increase in the Indian volatility index, Santosh Meena, Head of Research, Swastika Investmart tells ETMarkets…
Nifty Likely to Consolidate with ‘Buy on Dip’ Structure: Santosh Meena
