India VIX, the market’s fear gauge, has hit a 15-month low due to decreased market swings, mirroring a decline in US volatility and reduced options trading volumes. Despite the Nifty 50’s narrow trading range and subdued volatility, experts caution that this calm may precede sharp market movements.
Sebi relaxes re-KYC process for NRIs; removes physical presence clause
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India