Markets expect volatility: India VIX jumps over 3%

India VIX (volatility index) climbed 3.18% to 10.87, reflecting increased uncertainty heading into the trading session. The index remains well below recent highs but indicates growing nervousness among traders after sharp overnight moves in global markets. Top derivative analysts pointed to rising open interest across numerous strikes and said a long build-up in 68 stocks suggests strong directional bets. Support is pegged near 25,500 while resistance zones lie between 25,600–25,700 for Nifty.