“The India VIX has remained below the crucial 18 mark. Even during recent geopolitical tensions, it has largely traded within the 11–15 range, suggesting that market participants are not pricing in panic unless VIX decisively closes above 18,” said Thakkar, adding, “The US Fed kept interest rates unchanged. Although its commentary remained hawkish, Indian equities displayed resilience by closing higher despite weakness in US markets, signalling underlying strength.”
