Markets rebounded strongly, led by banking sector gains, with Nifty 50 closing at 25,090.70 and Sensex at 82,200.34.

Gift Nifty was trading around 25,027 level, a discount of nearly 5 points from the Nifty futures’ previous close, indicating a flat start for the Indian stock market indices.

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The domestic equity benchmarks traded with decent gains in the early-afternoon trade, lifted by strong Q1 results from HDFC Bank, ICICI Bank, and Reliance Industries, helping offset global trade ...