New Delhi, Aug. 14 -- Amid news reports of Prime Minister Narendra Modi visiting the US to attend the UN General Assembly, raising hopes of bilateral discussions amid rising trade tensions between the two nations, the Indian stock market registered a strong bounce back on Wednesday. The Nifty 50 index finished 131 points higher at 24,619, the BSE Sensex ended 304 points higher at 80,539, while the Bank Nifty index gained 137 points and closed at 55,181.

On the diplomatic front, India's External Affairs Minister is set to visit Russia on August 21 to meet his counterpart on the sidelines of the SCO meeting-just days after the crucial Russia-US Presidential meeting scheduled for August 15 in Alaska. Any breakthrough from these engagements ...