The S&P BSE Sensex added 1,089.18 points to close at 74,227.08, while the NSE Nifty5o gained 374.25 points to end at 22,535.85.

Aditya Gaggar, Director of Progressive Shares, said that the combination of oversold condition and a strong recovery in global equities helped the Index begin the session on a positive note.

Titan led the market recovery with an impressive 3.29% surge on BSE Sensex. Bajaj Finance followed closely with a strong gain of 3.21%, while State Bank of India (SBI) climbed 3.00%. Larsen & Toubro (L&T) and Bajaj Finserv rounded out the top five gainers, advancing 2.94% and 2.75% respectively.

The market showed remarkable strength with nearly all stocks trading in the green. Power Grid Corporation was the sole loser, slipping marginally by 0.14%.

All sectoral indices showed gains on NSE Nifty, continuing the recovery trend.

Nifty Media emerged as the standout performer, surging an impressive 4.72%. Nifty Consumer Durables and Nifty Realty also showed significant strength, climbing 2.59% and 2.47% respectively. Nifty PSU Bank gained 2.64%, while Nifty Oil & Gas advanced 2.20%. Nifty Financial Services rose 2.16%, and Nifty Smallcap 100 increased 2.13%, slightly outperforming the Nifty Midcap 100 which gained 2.11%.

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