
Indian stock markets extended gains for the second consecutive session, with Sensex and Nifty trading higher on Thursday, even as oil prices remained elevated and the rupee hovered near record low levels after crossing the 95.7 mark for the first time ever on Wednesday.
Sensex surged more than 800 points to cross 75,400, while Nifty 50 rose 283 points to 23,695 on Thursday. This came as India VIX, which measures market volatility, dropped 4% to 18.68.