•Indian equity benchmarks extended their rally for a third straight session, with Sensex up 862 points and Nifty 50 rising over 247 points.
•The rally added approximately Rs 7 lakh crore to BSE-listed companies' market capitalization, reaching over Rs 440 lakh crore.
•IT stocks, including Tech Mahindra, HCL Technologies, and TCS, led the charge, with the Nifty IT index rising 2.5% after a six-session losing streak.
•Stable crude oil prices (Brent at $101.9 per barrel) and positive global cues from South Korea, Japan, and US markets supported sentiment.
•Value buying after recent corrections and easing market volatility (India VIX down 5%) contributed to the rebound, though caution remains due to geopolitical risks.