The Indian stock market closed in the deep green on Thursday, with Sensex and Nifty rising more than 0.7% each as oil prices fell to $70 per barrel. Sensex jumped nearly 580 points to close at 77,502, while Nifty 50 jumped around 170 points to end the session at 24,176. This came as India VIX, which measures volatility in market, tumbled nearly 8% to 12.22.
Here's how analysts read the market pulse