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India VIX: Dips to 15 month low as markets remain stable; what it means

India's stock market exhibits calmness as the Volatility Index hits a 15-month low, reflecting stability and reduced risk perception. The Nifty 50 trades within a narrow range, mirroring the US VIX's decline. However, analysts caution that suppressed hedging activity and lower participation in options markets contribute to this subdued volatility, potentially preceding sharp market movements.