Market Rebounds: Sensex, Nifty Close Higher After Early Decline

• Stock market saw an early decline but recovered sharply in the last hour.
• Sensex closed up 266 points at 83,580, Nifty up 51 points at 25,694.
• Strong buying observed in FMCG shares, while IT, Pharma, and Auto faced pressure.
• Realty, Energy, and Oil & Gas indices closed with gains.
• Rupee weakened by 30 paise, closing at 90.66/$.