markets rebound as nifty it and banking stocks lead gains

On November 22, the Indian stock market witnessed a significant recovery, with the Sensex closing at 79,117.11, a gain of 1,961.32 points or 2.54 percent.

The index reached a high of 79,218.19 during the day, reflecting a rise of 2,062.4 points or 2.67 percent. The NSE Nifty also experienced strong gains, settling at 23,907.25, an increase of 557.35 points or 2.39 percent.

The banking and IT sectors were the main drivers of this rally, with the Nifty IT index being one of the top gainers, rising 3.29 percent during the trading session. IT and realty stocks performed particularly well, each seeing a rise of over 3 percent, while broader indices also participated in the rally but lagged behind the benchmark. Positive global cues further supported the market's upward momentum, leading to widespread buying.

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