Indian stock market benchmarks the Sensex and the Nifty 50 has been volatile of late. The India VIX index, which measures volatility in the Indian stock market, has surged nearly 35 per cent so far in May, following a meagre 0.30 per cent rise in April and a significant 18 per cent fall in March
Stock market today: Sensex closed 189 points, or 0.25 per cent, lower at 74,482.78 while the Nifty 50 closed the day at 22,604.85, down 39 points, or 0.17 per cent.
Stock market today: Sensex closed with a loss of 609 points, or 0.82 per cent, at 73,730.16 while the Nifty 50 settled at 22,419.95, down 150 points, or 0.67 per cent.
Indian equity markets decline amid unconfirmed reports of explosions in Iran, Iraq, and Syria, impacting stocks globally. Asian markets see significant losses. US Fed rate cut likelihood diminishes. Oil prices surge due to Middle East tensions. Gold prices rally despite strong US economic data.
Going by expectations of high volatility, analysts suggest investors to use any rise as an opportunity to go short and refrain from turning aggressive with their bets.