New Delhi, March 5 -- The Indian stock market witnessed strong buying interest on Thursday, March 5, largely due to short covering after the recent fall, which dragged the benchmark indices down by 4% in just a few days.

The Sensex jumped 900 points, or 1.14%, to close at 80,015.90. The NSE counterpart, the Nifty 50, jumped 1.17% to end at 24,765.90.

The domestic market witnessed healthy, broad-based buying, with the BSE 150 MidCap Index rising 1.44% and the BSE 250 SmallCap Index climbing 1.38%.

The market rebounded on short covering amid reports that Iran had made conditional offers to the US. Mint could not independently verify these reports by 3:30 pm on Thursday.

The rupee's rise also seems to have influenced sentiment.

The Indi...