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India VIX Live Price, Chart & Market Data
India VIX | NSE: INDIAVIX | Currency: INR | Type: Volatility Index
Track India VIX live on LiveWorldMarket — real-time price, daily change, interactive chart, 52-week range, moving averages and full market statistics. The quote refreshes continuously while the market is in session.
India VIX Key Statistics
India VIX is trading near flat today at INR 11.87, a move of -0.05 points (-0.42%) versus the previous close of INR 11.92. So far today it has traded between INR 11.53 and INR 11.92. The table below summarises the live price, day range, 52-week range, volume and moving averages — the core numbers traders check before taking a position.
| Metric | Value |
|---|---|
| Live Price | INR 11.87 |
| Change vs Previous Settle | -0.05 (-0.42%) |
| Previous Close | INR 11.92 |
| Day Open | INR 11.92 |
| Day Range (High – Low) | INR 11.53 – INR 11.92 |
| 52-Week Range | INR 8.86 – INR 28.91 |
| 1-Year Change | +15.06% |
| 50-Day Moving Average | INR 12.0454 |
| 200-Day Moving Average | INR 14.5389 |
| Exchange | NSI |
| Currency | INR |
| Region | IN |
| Ticker Symbol | up:NSE_INDEX|India VIX |
About India VIX
India VIX is the NSE's volatility index, measuring the market's expectation of Nifty 50 volatility over the next 30 days, derived from Nifty option prices. A higher reading signals more expected turbulence; a lower reading signals calm. It is often called India's 'fear gauge'.
Instrument Details
| Provider | NSE Indices |
| Ticker | INDIAVIX |
| Exchange / Market | NSE |
| Instrument type | Volatility Index |
| Quote currency | INR |
History & Index Methodology
India VIX is maintained by NSE Indices using a free-float market-capitalisation methodology, with constituents reviewed semi-annually. Stocks must meet liquidity and listing requirements to enter the index, and weights are capped to prevent any single company from dominating. The index's base values date back years, giving traders a long history for cycle analysis.
Index maintained by: NSE Indices
Trading Hours
India VIX trades 09:15 AM to 03:30 PM IST, Monday to Friday. Outside those hours this page shows the last traded level, with change figures measured against the previous official close. All session times are expressed in Indian Standard Time (IST).
How to Read India VIX
Market participants often compare India VIX with the broader Nifty 50 to judge whether the sector is leading or lagging the Indian market. The 50-day and 200-day moving averages frame the medium-term trend, while the 52-week range shows how stretched the current level is. Sector strength ahead of index strength can sometimes coincide with institutional rotation into the group.
52-week range: 8.86 – 28.91. Trailing 12-month change: 15.06%.
India VIX Market Overview
India VIX (up:NSE_INDEX|India VIX) is a indian market index quoted in INR on NSI. It is trading near flat at INR 11.87, below its previous regular-session settle of INR 11.92 — a change of -0.05 points, or -0.42%. Over the past twelve months, India VIX has traded between INR 8.86 and INR 28.91.
Related Markets
Traders following India VIX also track these related indian market index instruments on LiveWorldMarket — each links to its own live price, chart and statistics page.
Today's Performance
India VIX is trading near flat today at INR 11.87, a move of -0.05 points (-0.42%) versus the previous close of INR 11.92. So far today it has traded between INR 11.53 and INR 11.92. Intraday direction, the day's range and volume together show whether the current move carries conviction or is drifting on light activity.
Historical Chart
The interactive chart on this page lets you review India VIX across intraday, one-week, one-month, six-month, one-year and multi-year periods. Historical open, high, low and close data helps identify support and resistance zones, long-term trend direction and how the current price compares with past cycles.
Why India VIX Matters
Option premiums rise and fall with India VIX, so it directly affects the cost of hedging and the pricing of every Nifty option strategy. Spikes in the index often coincide with market bottoms and event risk (budgets, elections, Fed meetings), making it a key timing tool for traders.
By Liveworldmarket Editorial Team · Last reviewed 7 September 2026
India VIX — The Indian Volatility Index
The India VIX is the Indian equity-market 'fear gauge' — a real-time measure of expected near-term volatility in the Nifty 50, derived from the implied volatility surface of Nifty index options. Mechanically, India VIX is calculated by NSE using the same CBOE methodology that produces the US VIX: it aggregates implied volatilities across out-of-the-money Nifty call and put options of the two nearest expiries and produces a single annualised number that represents the market-implied 30-day forward volatility of the Nifty.
Practically, India VIX rises when Nifty option premiums increase — which happens when traders pay more for downside protection (puts) or speculative upside (calls). A reading of 12-15 is historically considered 'calm' for India; 15-22 is 'normal'; 22-30 is 'elevated'; above 30 is 'high stress' (typically seen only during major crises). India VIX provides the cleanest one-number sentiment indicator for the Indian equity market.
History & contract origins
India VIX was launched on 1 March 2008 by NSE using the CBOE-licensed methodology. Earliest readings averaged in the high 30s during the 2008 GFC. The index settled into a 15-22 range through most of 2009-2019. Major spikes: October 2008 (peak 85.13 during the GFC), August 2013 (taper-tantrum spike to 30), September 2018 (NBFC crisis spike), March 2020 (peak 86.64 during COVID — the highest reading in the index's history), May 2024 (spike to 32 ahead of the Indian general election results).
Historically the long-term mean has been around 18-20. India VIX consistently runs higher than the US VIX (typical US VIX range is 15-20) because Indian markets exhibit slightly higher realised volatility and more political-event risk premium.
Trading hours & session layout
India VIX is calculated in real-time during NSE cash market hours, refreshed every minute. In IST:
| Cash market open | 09:15 IST |
| VIX calculation begins | 09:15 IST |
| VIX calculation ends | 15:30 IST |
| Refresh frequency | Every 1 minute |
Holiday calendar (typical annual closures)
Listed below are the major scheduled closures for the underlying exchange. Exact dates shift year-to-year — always verify against the exchange's official calendar before holding overnight positions across a holiday boundary.
| Holiday | Typical date |
|---|---|
| Same as NSE cash market holiday calendar — VIX is not calculated when NSE is closed |
How to read this tape
Three rules of thumb for using India VIX. First, India VIX is inversely correlated with the Nifty — a -0.7 correlation is typical on rolling 30-day data. When the Nifty rises, India VIX usually falls, and vice versa. The inverse correlation reflects the fact that fear-driven option-premium expansion happens during selloffs. Second, mean reversion is a strong feature: extreme VIX readings (both high and low) typically revert toward the long-term mean within 1-3 months. Third, India VIX is a forward-looking 30-day measure — it does not 'predict' returns, but it does signal the expected magnitude of moves over the coming month.
Indian retail traders increasingly use India VIX as a sentiment-timing tool: low VIX + rising Nifty = late-stage trend (caution); high VIX + falling Nifty = capitulation phase (potential value); rising VIX + flat Nifty = volatility-event approaching (often before elections or budget). On Liveworldmarket the India VIX is fetched directly from the Upstox API and matches the official NSE-published value.
Frequently asked questions
What does an India VIX of 15 mean?
It means option markets are pricing an annualised expected volatility of 15% for the Nifty 50 over the next 30 days. To convert to a monthly expected move, divide by sqrt(12) ≈ 3.46 — so a VIX of 15 implies an expected ~4.3% one-standard-deviation move over the next 30 days.
Can I trade India VIX directly?
Indirectly. India VIX futures were briefly available on NSE but have been discontinued. Traders express VIX views by trading Nifty options (long straddles/strangles benefit from rising VIX) or by trading the underlying volatility through F&O strategies. There is no direct India VIX cash-instrument.
Why does India VIX rise before major elections?
Because option markets price in 'election uncertainty' as additional volatility risk premium. The 2024 election spike (VIX to 32) was particularly sharp because polling indicated tighter outcomes than expected. Post-result, the VIX typically collapses sharply (the 'volatility crush') as event uncertainty resolves.
How does India VIX compare to US VIX?
India VIX has historically averaged 4-6 points higher than US VIX (US VIX ~16-18; India VIX ~18-22 in normal regimes), reflecting India's higher inherent equity-volatility and policy-risk premium. The two indices are positively correlated during global risk-off episodes.
What is the all-time-high India VIX reading?
86.64 on 24 March 2020 during the depths of the COVID-19 panic. The previous high was 85.13 in October 2008 during the Lehman-bankruptcy GFC peak.
Related markets
Editorial article. Information only — not investment advice. Read our Risk Disclaimer before acting on any market data shown here.
FAQs
How is India VIX calculated?
India VIX is calculated in real time from the prices of its constituent stocks, following the methodology published by NSE Indices. Most modern indices weight constituents by free-float market capitalisation, though some (like the Dow and Nikkei) are price-weighted; the constituent list is reviewed periodically for size and liquidity.
Who maintains the India VIX index?
India VIX is maintained and published by NSE Indices, which sets the eligibility rules, reviews constituents on a scheduled basis and handles corporate-action adjustments.
What hours does India VIX trade?
India VIX trades 09:15 AM to 03:30 PM IST, Monday to Friday. Outside those hours, this page shows the last traded level.
What is the 52-week high and low of India VIX?
Over the last twelve months India VIX has traded between INR 8.86 (52-week low) and INR 28.91 (52-week high) — the key statistics table above shows where the live price sits inside that range.
Can I view historical charts of India VIX?
Yes — use the period selector on the interactive chart to switch between intraday, monthly and multi-year views, and open the full technical chart for indicators and drawing tools.