The Indian stock market traded on a firm note on Wednesday, with both the Sensex and the Nifty gaining after a sharp decline in the previous session.
At 10:38 am, the Sensex was up over 500 points near the 76,750 mark, while the Nifty 50 jumped over 100 points to trade above the 23,900 level. This came as India VIX, which measures volatility in the market, fell nearly 2% to 13.72.