New Delhi, March 25 -- The India VIX, having surged to a high of 27.17 on March 23, has begun to stabilise and is presently (Wednesday, March 25) around the 24.5 level. Experts, believe that this gradual easing in volatility index today is offering some comfort to the bulls, indicating a temporary pause in market anxiety.

The Nifty 50 today rose 2.31% to 23,444 . 75, while the BSE Sensex added 2.24% to 75,737.88, as of 13:49 IST. If advances hold today, this will be the second consecutive session of gains.

Adding to the positive undertone, crude oil prices have softened after recently hitting a high of $119.3. This decline is a meaningful tailwind for India, given its status as a major oil-importing nation, and helps ease macro pressure...