Reuters Market Eye - India VIX index hits its lowest intraday level since March 11, 2013, a day ahead of the launch of futures contracts with options volatility easing on improved sentiment, sparked by foreign investor buying over the previous two weeks.
India VIX is a volatility index based on the index options prices of the Nifty.
Indian equities are expected to remain supported as overseas investors have been net buyers of nearly $450 million over the last nine sessions.
(Reporting by Abhishek Vishnoi)