India VIX was up by 4.24% from 10.61 to 11.07 levels on Monday. Volatility slightly moved up after the cool-off in the last four sessions and brought some discomfort to the bulls in the market.
Traders raise odds of 50 bps Fed rate hike as CPI rise exceeds expectations
New data has revealed that US consumer prices rose faster than anticipated, prompting speculation about interest rate changes. Fed Governor Christopher Waller suggested a half