Sensex stages 800-pt comeback; bears wait in the bay

What happened: Sensex rose over 200 points to cross 73,330 and Nifty neared 22,660, snapping a four-day losing streak after recovering more than 800 points from the day's low of 72,515. Key numbers: Sensex crossed 73,330, up over 200 points. Nifty neared 22,660 after dropping below 22,400. Kotak Mahindra Bank rose over 2%. India VIX jumped 4% to near 18. Why it matters: Analysts advise caution, with V K Vijayakumar saying high crude prices will constrain any rally from the 22,600 level Nifty touched last Friday. Anand James said a push above 22,690 would confirm strength.

Sensex rose 200 points and Nifty topped 22,600, snapping a four-day losing streak.

Sensex rose 200 points and Nifty topped 22,600, snapping a four-day losing streak. — impact context not separately stored; see What changed.