Indian equity markets staged a broad-based recovery by midday Thursday, with the Sensex climbing 605 points to reclaim the 83,000 level and the Nifty 50 adding 200 points to 25,654.

Indian equity markets staged a broad-based recovery by midday Thursday, with the Sensex climbing 605 points to reclaim the 83,000 level and the Nifty 50 adding 200 points to 25,654. This rebound reversed much of Wednesday's steep decline that had erased approximately 6.79 lakh crore in investor wealth. Broader indices also participated in the recovery, with Nifty Bank gaining 597 points and Nifty Financial Services adding 217 points. Among gainers, Hindalco led with a 3 percent rise, followed by Power Grid and NTPC. However, Infosys remained under pressure, declining 0.73 percent on heavy trading volumes. Market breadth remained positive as buying interest gradually built across sectors, suggesting risk appetite returning after Wednesday's broad sell-off.