New Delhi, March 5 -- Bulls came to the rescue of the Indian stock market in Thursday's trade, March 05, after a three-day brutal sell-off that wiped out billions in investor wealth amid fears that intensifying tensions in the Middle East could stoke inflation.

Even though the US-Israel war with Iran still remains heated, the Nifty 50 closed 305 points higher at the 24,785 level, while the Sensex also made a strong rebound, rising 1.27% to 80,122. The broader markets also saw a sharp reversal in sentiment, with the Nifty Midcap 100 and Nifty Smallcap 100 closing over 1.4% higher.

All sectoral indices finished in the green, with Nifty Metal emerging as a standout performer by gaining 2.21%, while the Nifty Consumer Durables index surged ...