Stock market today, Oct. 29 -- The domestic benchmark indices, Sensex and Nifty 50, rebounded in early trading on Wednesday, influenced by a surge in global markets, as optimism about a potential rate cut by the US Federal Reserve and new foreign investments grew. The 30-share BSE Sensex increased by 287.94 points, reaching 84,916.10 in the early session, while the Nifty 50 rose by 86.65 points to hit 26,022.85.

Among the firms on the Sensex, major contributors to the gains included Asian Paints, Tata Steel, Trent, Larsen & Toubro, State Bank of India, and Adani Ports.

Conversely, Mahindra & Mahindra, Bajaj Finance, Eternal, and Axis Bank were some of the underperformers.

On a global scale, stock markets remain optimistic, bolstered by...