Markets Open Higher as VIX Fear Gauge Drops 12.74%
Fear Gauge Plunges India VIX crashes 12.74% in early trade, signaling panic easing. Global VIX down 18% from peak. Investor sentiment stabilizes after Trump declares Iran conflict "pretty much complete."
Sharp Opening Gains Nifty surges 200+ points to 24,000 zone; Sensex jumps 650 points. Markets rebound after brutal 2,800-point Sensex crash over previous 3 sessions. Relief rally gains momentum quickly.
Oil Retreats Sharply Brent crude falls 8% to $106/barrel from $115 peak. Strait of Hormuz shipping gradually resumes. Energy stocks lead gains on margin relief optimism despite elevated oil prices
Sectoral Breadth Improves Bank Nifty up 1.5%, PSU Bank rebounds 2%+. IT, auto, pharma sectors turn green. Market breadth positive with 75 stocks advancing per 25 declining on BSE—sharp reversal from recent carnage
Caution Remains Analysts warn relief rally may be temporary. VIX still elevated at 24 vs 16 pre-war. Oil above $100 threatens inflation, current account. FII flows, rupee stability key for sustained recovery beyond technical bounce