<h1>Market rebound: equity indices rose on value buying and softer oil, reflecting short term repositioning amid global uncertainty.</h1> Benchmark equity indices recovered by nearly one percent led by value buying in IT and commodity linked stocks, aided by a fall in Brent crude and a drop in wholesale price inflation to a 14 month low; this occurred despite recent two day losses and net foreign institutional selling, reflecting short term repositioning amid geopolitical uncertainty.