Stock market today, Oct. 16 -- The Indian stock market saw broad-based buying across sectors on Wednesday, October 15, supported by upbeat global cues. The Sensex climbed 575 points, or 0.70%, to close at 82,605.43, while the Nifty 50 advanced 178 points, or 0.73%, to finish at 25,323.55. The BSE Midcap and Smallcap indices outperformed the benchmarks, gaining 1.07% and 0.78%, respectively.

"Markets rebounded sharply on Wednesday, gaining over half a percent and extending the prevailing positive momentum. After a firm start, the Nifty continued to move higher through most of the session, though mild profit-taking in the final hour trimmed some gains. Eventually, it closed at 25,323.55, up 0.71%. Sector-wise, most indices ended in the gre...