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India VIX drops 3.99% as crude oil eases and Nifty gains

HDFC SkyRead the original9 Oct 2026

India VIX drops 3.99% to 14.68 as crude oil prices ease and Nifty opens higher, signaling reduced near-term volatility expectations. The decline in VIX reflects improved market sentiment amid stable crude levels. Lower volatility may encourage short premium strategies near expiry.

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