Opening Bell: Indian equity markets snapped the six-day losing streak in today's(29 September 2022) trade on the back of revived global sentiments. Key indices Nifty50 climbed over 150 points to trade above 17,000 levels and the S&P BSE Sensex jumped over 450 points to trade at 57,149 levels.
Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged over 1 percent each.
All sectors were in positive territory due to bullish sentiments. Nifty Media, Nifty Metal, and Nifty PSU Bank advanced in the range of 1 percent to 2 percent.
While Tata Steel, IndusInd Bank, SBI, ITC, and Axis Bank, helped benchmark indices gain in trade; Asian Paints, Power Grid, TCS, and Nestle India, weighed on the indices.