Market Fear Gauge Jumps

Market Fear Gauge Jumps 11% — Dalal Street Bleeds Red

Report By Y-Trendz

A sharp wave of panic swept across Indian equity markets today as the volatility index, widely known as the fear gauge, surged nearly 11%, triggering heavy selling across sectors and dragging benchmark indices deep into the red.

surge in global oil prices

 

The surge in global oil prices following the escalating conflict with Iran is a critical threat to India’s macroeconomic stability, as the country imports nearly 90% of its crude oil.

Specifically for India, the economic impact as of April 9, 2026, can be summarized across four key pillars:

Ceasefire Boosts Markets

 

Ceasefire Boosts Markets: D-Street Surges as Oil Prices Crash, Global Markets Rally | Y-Trendz

Introduction: Markets Breathe a Sigh of Relief