Stock market recap, Nov. 27 -- Indian equity benchmarks rebounded sharply on Wednesday, 26 November, snapping a three-day losing streak with gains of over 1% amid broad-based buying and supportive global cues. The Nifty 50 surged 320.50 points (1.24%) to 26,205.30, while the Sensex climbed 1,022.50 points (1.21%) to 85,609.51, inching closer to its record highs. Sentiment improved after softer-than-expected US economic data strengthened expectations of a Federal Reserve rate cut in December, while crude oil prices continued to ease.

The rally was broad, with Nifty Metal, PSU Bank and Financial Services leading sectoral gains, each rising more than 1.5%. Among the top movers were JSW Steel, Bajaj Finance and Adani Ports. Market breadth wa...