VIX has started cooling off as the votes were being counted. This was as per our expectations. See the chart of SP500 VIX below:

SP500 VIX fell from 40 odd levels to 27 which is a fall of 33%. See the chart of INDIA VIX below:

INDIA VIX has fallen from 25 odd levels to 20 which is a fall of about 25%.

With the event out of the way VIX should cool down further to normal levels and now the moves in the market should be less spiky and smoother trends.

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