The Indian stock market opened in the deep green, with benchmark indices Sensex and Nifty extending gains for the second consecutive session, as the rupee’s renewed strength following RBI’s measures, falling bond yields, and other factors boosted investor sentiment.
After opening, Sensex gained over 560 points to 75,880, while Nifty 50 gained over 173 points, or 0.73%, to 23,832. This came as India VIX, which measures market volatility, sharply declined by more than 4% to 17.63 in the morning trading hours.
