The Indian stock market closed in the green on Wednesday, with Sensex and Nifty recording marginal gains after wiping off most of their intraday gains. Sensex rose over 130 points to close at 77,185, while Nifty 50 gained over 26 points to end the session at 24,078 on Wednesday. This came while the volatility measure India VIX dropped over 3% to 13.27.
While the benchmark indices have closed in the green, Sensex dropped 461 points from its intraday high of 77,185, and Nifty wiped off most of its gains after rising as high as 24,220 earlier during the session.