Stock market today, April 16 -- Indian markets have made a stellar comeback in recent sessions despite the continued volatility in the global and Asian markets, as domestic-focused factors such as easing in food inflation and rate cut by the RBI have made bulls take charge of the markets.

Further, the tariff negotiations between India and the United States are picking up speed, even as China and the US are engaged in a bitter and acrimonious war, which top government sources say India is looking to take advantage of.

The recent recovery rally was led the broader markets, with Nifty Midcap 100 index gaining 11.45% from April 07 lows, while its peers, Nifty Small cap 100 even gained higher, rallying 16% in the same period.

The frontline ...