Indian stock market recovered all morning losses, with Sensex rebounding nearly 790 points and Nifty jumping over 260 points from their respective intraday lows to close in the green as oil prices cooled down below $110 per barrel, and bond yields inched lower after soaring to record high levels.
At close, Sensex was up over 117 points at 75,318 while Nifty 50 was up 41 points at 23,659. This came as India VIX, which measures volatility in markets, declined around 2% to 18.31 in the afternoon.
