Stock market recap, Jan. 23 -- Indian equity benchmarks staged a robust recovery on Thursday, snapping a three-day losing streak as global risk-on sentiment resurfaced.

Nifty 50 advanced 0.53% to settle at 25,289.90, while Sensex climbed nearly 400 points, fueled by a sharp de-escalation in global trade concerns. Market breadth was decisively positive, recording a strong overall advance-decline ratio of 2,344 stocks advancing against 849 declines.

Nifty Media (+2.39%) and PSU Banks (+2.34%) were the major gainers, alongside healthy buying in Pharma and Metals. This relief rally was primarily anchored by US President Trump's softened stance on European tariffs and renewed optimism regarding a potential bilateral India-US trade agreement....