Indian equity market recovered to close higher, led by financials

Midcap Index gained 59 points

Nifty Bank gained 194 points

Kotak Mahindra Bank moved higher ahead of FTSE rebalancing announcement

L&T is amongst top Nifty gainers following positive brokerage note

Pharma majors like Sun Pharma & Dr Reddys slipped on cancer drug settlement

IRCTC was amongst the top midcap gainer on reports of digital asset monetisation

SBI Card slipped as RBI released discussion paper w.r.t MDR

IEX slipped as 13 states likely to be barred from power exchanges

Cement stocks rise as consolidation talks gather momentum

Market breadth favoured advances with advance-decline ratio at 5:4