Stock market today, April 17 -- Indian stock markets rebounded on Thursday after a weak beginning in the morning. By mid-session, the markets had climbed approximately 2 percent due to a robust domestic story and foreign portfolio investor (FPI) purchases, according to experts. The Nifty 50 index rose by over 400 points to reach 23,856.50. Similarly, the BSE Sensex increased significantly, gaining over 1,520 points to hit 78,566.25 in the last one hour.

Market analysts note that India has remained resilient following the sell-off on April 2. There has been a favorable re-rating of Indian markets due to a solid domestic story and the absence of vulnerabilities in the external sector. FPI have shifted to being net buyers this week, driven ...