A strong rebound occurred in stock markets, with gains of over 1 per cent. The Nifty 50 advanced, settling at 22,520.45, a rise of 288.65 points. IT stocks played a key role in the recovery, with sentiment boosted by recent results.

The BSE Sensex also climbed, closing at 72,472.33. Various sectoral indices finished higher, including FMCG, auto, and media.

Further details on the market rally and sectoral performances are available from the source, including the performance of PSU banks and private banks.