The 30-share BSE Sensex surged 1,330.96 points to 80,436.84, its best single-day gain in over two months, while the NSE Nifty climbed 397.40 points to a two-week high of 24,541.15.

On Tuesday, the National Stock Exchange (NSE) achieved a notable milestone by successfully listing five companies across multiple cities in a single day. This record-setting event saw a combined issue size of ₹2,047 crore, reflecting the NSE's robust technological capabilities and issuance procedures.

In a much-needed boost for the stock market, the benchmark indices ended their three-day losing streak with a strong performance, largely driven by positive global cues. Both the Nifty 50 and Sensex saw significant gains as global markets rebounded from earlier fears of a US recession, following reassurances from Federal Reserve officials. This uptick in global sentiment provided a much-needed lift to domestic equities.

Equity benchmark indices Sensex and Nifty saw a significant rebound in early trade on Wednesday following three days of substantial decline, which was in line with a global rally.

In early trading on Tuesday, the equity market benchmark indices Sensex and Nifty rebounded sharply after experiencing a significant decline in the previous session, following a strong recovery in Asian markets.

The Sensex and Nifty, which are the equity market benchmark indices, achieved new record highs in early trade on Monday, driven by a surge in global markets and fresh inflows of foreign funds.