New Delhi, May 22 -- Stock market recap: After three straight sessions of losses, Indian stock market benchmarks rebounded sharply on Wednesday, 21 May.

The Sensex opened at 81,327.61, and surged over 800 points, or 1%, to an intraday high of 82,021.64. The Nifty 50 began at 24,744.25, also climbing more than 1% to touch 24,946.20. Both indices later pared some gains, with the Sensex ending 410 points, or 0.51%, higher at 81,596.63, and the Nifty 50 closing up 130 points, or 0.52%, at 24,813.45.

Broad-based buying lifted the broader market as well, with the BSE Midcap index rising 0.90% and the Smallcap index gaining 0.51%.

In this context, here are top three stock picks from Ankush Bajaj to watch in the near term:

Buy: Motilal Oswal ...