{
  "id": 17051324,
  "title": "Sensex Surges 905 Points, Nifty Closes At 22,936.75; Know- What Drove The Sharp Market Recovery?",
  "url": "https://urgent.news/2026/10/29/sensex-surges-905-points-nifty-closes-at-22-936-75-know-what-drove",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T10:57:21.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/sensex-surges-905-points-nifty-closes-at-2293675-know-what-drove-the-sharp-market-recovery"
  },
  "original_language": "en",
  "account": "Mumbai markets witnessed a sharp recovery on Thursday, with the Sensex soaring 905 points and the Nifty closing at 22,936.75. Buying activity in banking, FMCG, and real estate stocks helped the indexes recover from early weakness. The Nifty opened below its previous close and saw its lowest point of the day, but buying returned to push the index to a high before settling near its peak. Similarly, the Sensex opened below its previous close, reached a low before climbing to an intraday high, and ultimately closed significantly above it. Banking stocks played a key role in the broader market recovery, with Nifty Bank gaining 642 points and the midcap index advancing 567 points. Real estate shares witnessed renewed buying during the final trading hour, with Adani Ports shares jumping over 5%. Quarterly earnings boosted several individual stocks, with Birlasoft surging over 12 percent, V-Guard Industries jumping nearly 8 percent, and Laurus Labs advancing over 3 percent. Despite the overall rally, some stocks faced selling pressure, including Hero MotoCorp, L&T, Hexaware Technologies, RR Kabel, and Equitas Small Finance Bank. Jio Platforms recovered from volatile trading to close marginally higher, with its market capitalization crossing Rs 13.5 lakh crore during intraday trading.",
  "summary": "Mumbai: Indian equity markets ended Thursday's session with strong gains as the Sensex surged 905.01 points, or 1.24 percent, to close at 74,151.04, while the Nifty 50 advanced 237.90 points, or 1.05 percent, to settle at 22,936.75. Buying in banking, FMCG and realty stocks helped the benchmarks recover from early weakness. How Markets Recovered The Nifty opened at 22,690.65, below its previous…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}