New Delhi, April 6 -- The Indian stock market witnessed heightened volatility on Monday, April 6. After remaining in the red amid escalating US-Iran war in the Middle East, a sharp rise in crude oil prices, the benchmark indices staged a smart recovery amid reports of ceasefire talks between the two nations.

The Sensex rose 0.67% to 73,811, while the Nifty 50 advanced 0.73% to 22,880. The Bank Nifty outperformed the frontliers, gaining 1.40% to 52,268.

As the Nifty 50 managed to break above the key resistance level of 22,800, analysts suggest that the next critical level to watch is the 23,000 mark.

The broader trend, meanwhile, remains weak. The Nifty 50 has declined by over 6% over the past month and is down more than 12% on a year-t...