Indian stock market recorded a sharp rebound from its early morning lows, with Sensex recovering nearly 740 points and Nifty jumping above the 23,450-mark as falling oil prices, rising rupee and other factors boosted investor sentiment on a volatile Sensex expiry day.
Sensex rose around 200 points to 74,544 while Nifty 50 traded nearly 57 points higher at 23,462, as seen at around 12 pm on Thursday. This came as India VIX sharply plunged from morning highs to slip into the red at 16.18.