The domestic benchmark equity indices rebounded on Thursday, mirroring global markets as softer US Treasury yields made global investor sentiment positive, despite a sharp spike in global crude oil prices.

Market movement

"Indian benchmark indices staged a sharp rebound after a seven-session losing streak, supported by recovery across key Asian markets and short covering following the recent sell-off. Buying interest strengthened through the session. However, elevated crude oil prices and continued tensions between the US and Iran remain key concerns for the market," Bajaj Broking Research said.