Stock Markets Rebound: Sensex, Nifty Gain; Larsen & Toubro Leads Rally

• Benchmark equity indices Sensex and Nifty bounced back in late afternoon trade, erasing early losses.
• Larsen & Toubro surged over 4 percent after reporting a 10 percent rise in Q3 consolidated revenue to Rs 71,450 crore.
• The Economic Survey 2025-26 projects India's GDP growth at 6.8-7.2 percent for the next fiscal year, citing reform impacts.
• Foreign institutional investors (FIIs) and Domestic Institutional Investors (DIIs) turned net buyers, injecting significant capital.
• Asian markets traded higher, while US markets ended flat; Brent crude prices saw a 1.27 percent increase.

Why It Matters: Indian stock markets recovered strongly, driven by Larsen & Toubro's performance and positive economic outlook.