Mumbai/IBNS, April 1 -- The Indian stock market opened on a strong note on Wednesday, staging a sharp rebound after weeks of losses triggered by tensions in the Middle East, media reports said.

The rally mirrored positive cues from global markets, particularly Wall Street. The S&P 500, Dow Jones and Nasdaq Composite climbed 2.5 percent, 2.9 percent and 3.8 percent respectively in the previous session.

Market sentiment was further boosted after Donald Trump indicated that the United States may scale down its involvement in Iran within the next two to three weeks, raising hopes of an easing in the ongoing conflict.

In an interview with the New York Post, President Trump said the US military campaign had significantly weakened Iran and wo...