Mumbai/IBNS, June 18 -- The Indian stock market witnessed a volatile start to Thursday's trading session, with benchmark indices swinging between gains and losses amid easing geopolitical concerns and falling crude oil prices.

However, both indices recovered shortly afterward.

The Sensex erased its losses and was trading around 60 points higher, while the Nifty moved closer to the green zone as investors assessed global cues and developments in the energy market.

A major factor supporting market sentiment was the decline in crude oil prices following reports that the United States and Iran have agreed to a ceasefire deal, reducing tensions in West Asia.

Brent crude futures fell below the $79-per-barrel mark as traders reacted positive...