India VIX Surges to Record High Amid US-Iran Tensions, Global Market Decline

• India VIX, the stock market's fear index, saw a record-breaking surge due to rising US-Iran tensions and global market declines.
• The market opened normally on February 19th, with India VIX initially slipping, but geopolitical news from the US quickly changed the mood.
• Escalating tensions between the US and Iran led to sharp declines in stock markets worldwide, directly impacting the Indian market.
• Crude oil prices also surged to new highs, adding to market fear due to India's import dependency and inflation concerns.
• Market experts suggest that global geopolitical news, especially from the US, immediately impacts financial markets, signaling continued volatility for investors.