Just like how the VIX for the US market is calculated using options contracts on the S&P 500, the India VIX is also calculated using options contracts on the Nifty 50 index. The VIX index measures volatility by tracking trading in S&P 500 options. Large institutional investors hedge their portfolios using S&P 500 options to… Continue reading Understanding Volatility Index: What It Is And Why It Is Important