Benchmark equity indices Sensex and Nifty rebounded nearly 1 per cent on Wednesday, helped by bargain buying in FMCG, auto and telecom shares, upbeat earnings sentiment and gains across Asian markets.Traders said signs of possible de-escalation in geopolitical tensions also supported sentiment.In a volatile session, the 30-share BSE Sensex climbed 609.45 points, or 0.79 per cent, to close at 77,496.36. During the day, it surged 1,095.60 points, or 1.42 per cent, to touch 77,982.51.The NSE Nifty rose 181.95 points, or 0.76 per cent, to settle at 24,177.65, according to PTI.

Nifty 50 top gainers

Nifty 50 top losers

BSE Sensex top gainers

BSE Sensex top losers

Maruti advanced 2.82 per cent after the country’s largest carmaker reported a record annual consolidated net profit of Rs 14,679.5 crore for FY26, up 1.24 per cent year-on-year, driven by its highest-ever annual sales of more than 24.22 lakh units, helped by GST rate reduction.In Asian markets, South Korea’s Kospi, Shanghai’s SSE Composite and Hong Kong’s Hang Seng ended higher. Japanese markets were shut for a holiday.“The core driver of today’s strength remained earnings. Strong results from key companies reinforced confidence in underlying domestic demand and balance sheet resilience. This fundamental support, combined with easing geopolitical concerns, helped markets shift focus away from macro stress toward corporate performance,” Hariprasad K, Research Analyst and Founder, Livelong Wealth, said, PTI quoted.“Hopes of potential de-escalation in geopolitical tensions helped stabilise crude oil expectations, which is critical for India’s macro outlook,” he added.European markets were trading lower, while US markets had ended lower on Tuesday.Brent crude, the global oil benchmark, jumped 2.85 per cent to USD 114.4 per barrel.“Despite weak global cues, elevated crude prices, and a depreciating INR, India’s equity markets rebounded from recent lows as investors used the correction to add exposure, supported by better-than-expected earnings despite geopolitical uncertainty.“Gains were led by FMCG, auto, and realty stocks on strong results and positive commentary, while financials lagged due to regulatory tightening and provisioning concerns,” Vinod Nair, Head of Research, Geojit Investments Limited, said.Foreign Institutional Investors (FIIs) sold equities worth Rs 2,103.74 crore on Tuesday, while Domestic Institutional Investors (DIIs) bought shares worth Rs 1,712.01 crore, as per exchange data.