Domestic benchmark indices rebounded sharply today, rising over a per cent in early deals amid mixed cues. It comes a day after global share markets including Indian stocks suffered massive losses.

The Sensex at the BSE jumped 918 points or 1.17 per cent to trade at 79,678 mark in morning deals. The Nifty at the National Stock Exchange climbed 278 points or 1.16 per cent to trade at 24,334 in the opening trade.

Rupee rebounded 24 paise to 83 rupees 85 paise against the US dollar in early trade.