
Indian stock market recorded marginal gains to close in the green, with Sensex and Nifty snapping a four-session losing streak even as rupee erased all morning gains to hit a fresh lifetime low despite government’s measures to support the Indian currency.
Sensex gained around 49 points to close at 74,609 while Nifty 50 rose 33 points to end the session at 23,413 on Wednesday. This came even as India VIX, which measures volatility in markets, inched up slightly to 0.36.