After three consecutive sessions of losses, the Sensex and Nifty finally found some relief on October 18, buoyed by gains in banking and metal stocks. Excluding IT and FMCG, the remaining 11 major sectoral indices contributed to Nifty's recovery.

The Indian benchmark indices ended higher on Friday, breaking a three-day losing streak, as strong buying in banking and financial stocks offset losses in the IT sector. The BSE Sensex closed 218.14 points or 0.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. NIfty 50 closed at 24,749.85, while Sensex ended at 81,006.61. Overnight, Wall Street indices Dow Jones closed at a new record high,

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 24,750 level, a discount of nearly 90 points from the Nifty futures’ previous close.

The 30-share BSE Sensex pack climbed more than 250 points to trade above 81,280 level, while the broader NSE Nifty index moved over 100 points to top 24,850. Buying interest in stocks Axis Bank, Tata Consultancy Services (TCS),

Metals made a comeback, with the Nifty Metal index snapping a four-session losing streak and gaining nearly 2 percent led by Tata Steel and Hindalco.

Indian benchmark indices Sensex and Nifty 50 rebounded from early losses on Friday, closing higher due to gains in banking and metal stocks. The Sensex rose 218 points to 81,224, while the Nifty climbed 104 points to 24,