Why has the margin for India VIX shot up by so much?

The overnight margin requirement has gone up from around Rs 3lks to almost Rs 5lks, any reason why? The volatility hasn’t gone up for such an increase.

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Tarzan,

I have been thinking about this, my guess is that with election season around when VIX can go up/down 20 to 30% very easily in a day, exchanges are trying to ensure all the risk is covered.

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