New Delhi, May 8 -- Domestic equity markets remained resilient on Wednesday despite geopolitical tensions following India's strikes on terror camps in Pakistan under 'Operation Sindoor'.

After a shaky start and indications of a sharp 1% gap-down, both benchmark indices swiftly recovered, with the Nifty 50 ending up 0.14% at 24,414.40 and the Sensex gaining 106 points to close at 80,746.78.

The India VIX spiked 4% intraday, reflecting elevated volatility, but cooled to end just 0.3% higher. Market sentiment was supported by gains in defence and textile stocks, positive cues from the India-UK trade deal, strong foreign inflows, and optimism around Tata Motors' restructuring.

Meanwhile, the rupee weakened 0.47% to 84.84 per US dollar, whi...