Markets gain in choppy trade; volatility index hits 15-month high

REUTERS | DECCAN CHRONICLE
Published Aug 25, 2015, 4:27 pm IST
Updated Mar 28, 2019, 2:10 am IST
India's volatility index is up by 5 percent and Sensex rose by 0.53 per cent (Representational Image)
 India's volatility index is up by 5 percent and Sensex rose by 0.53 per cent (Representational Image)

Mumbai: India's stock markets swung between gains and losses on Tuesday amid continued concerns about the spillover impact from dropping equity markets in China. India's volatility index, often called a fear gauge, was up 5 percent after earlier hitting its highest level since May 2014. The gauge surged 64.4 percent on Monday.

The broader Nifty was up 0.51 per cent at 1000 India time after falling as much as 0.15 percent and gaining as much as 1.5 per cent in less than an hour of trading. The benchmark BSE Sensex was up 0.53 per cent after falling as much as 0.13 per cent and gaining as much as 1.5 per cent.

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