The Indian stock market bucked investor concerns around fresh escalations in the Iran-US war and rising oil prices to trade in green, with Sensex and Nifty nearly wiping off all losses recorded in the previous session.
Sensex jumped around 500 points to 77,555 and Nifty gained over 150 points to cross 24,200, as seen at 11.30 am, while the volatility measure India VIX dropped over 4% to 13.17. The optimism was broad-based, with Nifty Midcap 100 and Nifty Smallcap 100 indices rising up to 1%.
