India VIX was down by 1.41% from 12.39 to 12.22 levels on Tuesday. Volatility moved in its previous day’s range and resulted in a lackluster move in the indices.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise