New Delhi, March 7 -- Market update: Nifty and Nifty Bank analysis for 6 March

After facing persistent selling pressure in the past sessions, the Indian stock markets staged a strong recovery on Thursday, 6 March, bringing much-needed relief to investors. The benchmark indices closed on a positive note, signalling renewed optimism and a shift in sentiment.

The Nifty 50 surged 0.93% or 207.40 points) to close at 22,544.70, successfully reversing previous losses. Sensex followed suit, gaining 0.83% or 609.86 points to settle at 74,340.09, driven by broad-based buying.

Meanwhile, Nifty Bank edged up 0.28% or 137.75 points to 48,627.70, signalling a moderate recovery in banking stocks. The market's positive momentum reflects renewed invest...