Stock markets rebound after Monday's crash, Sensex jumps 1,089 points

India's equity market rebounded on April 8 with the benchmark indices -- BSE Sensex and NSE Nifty50 -- gaining about 1.5 percent each.The recovery is driven by positive trade discussions between countries, lifting Asian stock markets.

- 

The Sensex settled at 74,227.08, up by 1089.18 points or 1.49 per cent, and the Nifty50 gained 374.25 points or 1.69 per cent to close at 22,535.85.In the broader markets, the Nifty Midcap 100 and Nifty Small cap 100 indices gained 2.11 per cent and 2.13 per cent, respectively. Meanwhile, the volatility index, India VIX, cooled off sharply by 10.31 per cent to 20.44, indicating easing market volatility.In the Asian markets, Japan's Nikkei 225 surged 6 per cent on April 8, Shanghai Composite Index jumped 1.58 per cent, and Hong Kong's Hang Seng index rose 1.51 per cent.