Market Rebound Follows Steep Decline Indian equities executed a sharp midday turnaround today, recovering from a severe morning sell-off. The benchmark Sensex initially plunged by over **1,000 points**, a drastic move that momentarily wiped out nearly **Rs 6 lakh crore** in investor wealth. Market analysts attribute this swift recovery to aggressive bargain hunting as traders capitalized on lower valuations. Despite the intraday bounce, sentiment remains cautious. Experts indicate that volatility is expected to persist in the near term, fueled by a combination of global macroeconomic pressures and domestic headwinds.