India VIX Rises to 2-Week High as Rally Spurs Protection Demand
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India’s benchmark gauge of protection against stock-market swings rose to a two-week high amid an advance in the CNX Nifty Index to an all-time high.
The India VIX Index jumped 3.3 percent to 13.7 in Mumbai, the highest level since Oct. 20. The Nifty added less than 0.1 percent to a record 8,324.15 at the close, after rallying for a sixth straight month in October.