Sensex rises 120 points, Nifty above 23,400 as rupee recovers from all-time low. What lies ahead?

Indian stock markets rebounded on Wednesday, with Sensex and Nifty ending a four-day losing streak. The recovery was driven by a stronger rupee and easing oil prices, despite ongoing geopolitical tensions. Broad-based optimism saw midcap and smallcap indices also gain, with Asian Paints leading the ascent.