India's volatility index VIX today rose to the highest level since December 15.
The fear gauge rose as much as 8.23 per cent in less than one hour of trading.
The index is a measure of the market’s expectation of volatility over the near term.
Indian stocks fell to lowest since December 14.
Asian stocks fell to a three-month low on Thursday after China opted to keep guiding the yuan sharply lower.
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