Indian stock market, April 12 -- The Indian stock market rebounded strongly after six consecutive weeks of decline, supported by favourable global cues. Investor sentiment remained upbeat on expectations of a temporary US-Iran ceasefire, although persistent geopolitical tensions capped the pace of gains as the week progressed.

Both benchmark indices - the Nifty 50 and BSE Sensex - advanced around 6%, closing near their weekly peaks at 24,050.60 and 77,550.25, respectively.

On Friday, the Nifty 50 opened with a gap-up of 105.45 points at 23,880.55 and witnessed minor weakness in the initial minutes, marking its intraday low near the opening level at 23,856.35. However, sustained buying interest throughout the session supported a steady u...