Stock markets rebound sharply; Sensex jumps 889 points, Nifty ends at 24,250
The BSE Sensex surged 889 points to close at 77,765.49, while the NSE Nifty increased by 1.10% to finish at 24,250.20, marking a significant rebound in Indian stock markets. This rise was driven by gains in IT stocks and HDFC Bank, despite some losses in companies like Adani Ports and Mahindra & Mahindra. Analysts attribute the recovery to renewed investor confidence and positive market sentiment following recent economic data.