While there might not be VIX shares to trade, however, you can place your bets on the volatility index with VIX options. Essentially, VIX options aren't too different from equity options.

Over the past 7 trading days, Wall Street's volatility gauge the S&P VIX Index (VIX) has collapsed by 60.3% from 38.57 down ...

IST, the barometer index, the S&P BSE Sensex, rallied 741.66 points or 0.97% to 77,928.40. The Nifty 50 index advanced 214.70 points or 0.92% to 23,575.75.