India's volatility index has reached a new 52-week peak, showing a significant increase and experts are predicting further rises. This trend is happening during the ongoing general elections in the country. The index has shown a notable oscillating pattern, initially dropping by more than 20 percent on April 23 and then increasing by over 60 percent in the next 8 trading sessions. Analysts anticipate that the index will continue to rise in the following weeks due to the election season.