New Delhi, April 17 -- The Indian stock market traded higher on Friday in a choppy session, with the benchmark Sensex rising above the 78,000 level, and the Nifty 50 scaling above the 24,200 level. The gains in the domestic equity market were led by positive global cues amid signs of de-escalation in the US-Iran war.

The ceasefire between Israel and Lebanon bodes well for the market. Investor risk appetite improved amid reports that Pakistan has begun preparations to host the second round of high-stakes talks between the US and Iran next week, aimed at a landmark peace deal to end the war in West Asia.

Despite the positive undertone, the Nifty 50 continues to face stiff resistance in the 24,400-24,500 zone. The index has repeatedly fail...