New Delhi, Jan. 30 -- Nifty 50 on 29 January: Recap

Indian markets soared on Wednesday, with the Sensex surpassing the 76,500 mark, rallying over 600 points. The Nifty 50 also posted significant gains, climbing 206 points to close at 23,163. The midcap index outperformed, surging more than 2% with a robust 1,189-point gain, ending the session at 52,719. The rally was largely driven by strong performance in banking and IT stocks. Nifty FMCG was the sole laggard, dipping 0.4%, while the other 12 sectoral indices finished in the green.

Nifty Bank extended its momentum from the previous session's 1.7% rise, adding another 0.6% today. This came on the back of the Reserve Bank of India's (RBI) recent liquidity-boosting measures, which include...