•Indian stock market witnessed a stunning turnaround, with Nifty surging 182 points in just 8 minutes from 2:16 PM to 2:24 PM.
•Sensex closed up 939 points at 75,503, and Nifty gained 258 points to 23,409, breaking a three-day losing streak.
•Banking stocks also saw a strong comeback, with Nifty Bank closing up 656 points at 54,413, recovering over 1,000 points from its low.
•Ultratech Cement, Grasim, Hindalco, HDFC Bank, and auto stocks like M&M, Bajaj Auto, TVS Motor were top gainers.
•HPCL, BPCL, IOC fell over 4% due to HSBC downgrade; IDBI Bank plunged 17% on disinvestment concerns. Ola Electric and Bajel Projects also saw significant moves.
