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See India VIX today, with live chart. Compare NSE India VIX by performance, price, EPS, dividend yield. We would like to show you a description here but the site won’t allow us. India VIX Volatility Index: As the name suggests India VIX is an index to measure the volatility (or fear) in the broader market. Just like NSE Nifty 50 is an index of broader market price, India VIX is an index of broader market volatility. If someone asks you whether the market went up or down, you are more likely to check the index and reply accordingly. Similarly, India VIX measures the overall volatility of the market. As a general definition, Higher the fear, higher the volatility in ... India VIX India's VIX has spiked 20% in a day after May 8, which was the highest recent spike. This indicates strong downward momentum in the Nifty. Wave analysis suggests a new bottom at 23,450 and predicts that the VIX will spike to 18 levels accordingly.