India VIX, a measure of market volatility, has surged from 10 to 24 over the past month amid election-related nervousness. Analysts believe that India VIX has more room to grow.
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Experts foresee a rebound with resistance at 19,300-19,400 levels, followed by 19,500 levels in the coming session. In case the index breaks 19,200, then the correction can be seen up to the 19,000 mark