Date of post: 06-Apr-20
Since last few days, India VIX is dropping. See this image:
From a high of 86.63 to 55.30 in less than 30 days.
What does it mean?
It means that traders are assuming that the worst has happened and some kind of normalcy may resume in a few days so fear factor is decreasing.
Does this guarantee that normal trading will resume soon and that Nifty will now start to go up?
Well, nothing is guaranteed in stock markets else everyone would put 100% of what they earn in stock markets. But this gives some indication that in the near future (30 to 60 days) normalcy will resume.