Indian equity benchmarks posted solid gains on Wednesday, reversing the selling pressure that had weighed on markets the previous day.
The Nifty 50 rose 0.83% to close at 24,021.65, while the broader BSE Sensex added 1.04% to reach 76,991.22.
The rally was broad-based, with banking stocks leading the charge as investor sentiment improved across key sectors.
The market recovery was underpinned by a slide in crude oil prices, which alleviated concerns about import costs and inflationary pressure on the Indian economy.
Lower energy costs typically support corporate margins and consumer spending, providing a tailwind for equity valuations.
Additionally, domestic interest-rate dynamics played a crucial role in the upside move.