Sensex Gains 700 Points, Nifty Surpasses 23,200 Led by Bank and Auto Stocks

Indian stock markets showed a late recovery with the Sensex rising about 700 points from the day's low and the Nifty crossing 23,200. Gains were primarily driven by bank and auto sector stocks, contributing to positive market sentiment by the closing bell. The recovery followed earlier declines, reflecting investor optimism in key sectors.