The Indian stock market rebounded on Wednesday, with Sensex rising as easing oil prices, strong FII buying and other factors boosted investor sentiment on Dalal Street.
Sensex jumped over 400 points to trade above 78,800, while Nifty 50 rose above the 24,600 level. This came as India VIX, which measures volatility in market, slumped 3% to 11.85.