Final Trade: Sensex, Nifty Rebound Over 1%, Nifty Near 16,000, Sensex Gains Over 600 Points

Amid softening of oil prices and improved global sentiment, the Indian market made bounce back to close in the green on Wednesday. The Sensex jumped 616.62 points and this index has closed at the level of 53,750.97. Apart from this, the Nifty 50 index added about 200 points and this index has closed very close to 16,000.