Sensex and Nifty Recover Sharply on Strong FII Buying and Lower Volatility

The Indian stock market rebounded sharply on Tuesday, with the Sensex rising over 700 points from the day's low to 83,819.32 and the Nifty reaching 25,782.45. This recovery was driven by strong foreign institutional investor (FII) buying, with inflows totaling approximately Rs 5,236 crore. Additionally, the India Vix, a measure of market volatility, declined nearly 2 percent to 12.69, contributing to improved market sentiment.