Indian equity benchmarks ended a session higher, with the BSE Sensex rising 166 points and the NSE Nifty 50 holding above the 24,300 mark. The advance reflected continued buying interest across key index constituents.

The Nifty Bank index gained 117 points to close at 57,265, while the Nifty Midcap index climbed 274 points to 62,915, indicating continued strength in broader markets. The midcap index's outperformance of the headline benchmarks pointed to participation extending beyond large-cap names, a pattern market participants often associate with positive breadth across market segments.

The Sensex, also known as the S&P BSE Sensex or the Bombay Stock Exchange Sensitive Index, is a free-float weighted index comprising 30 of the largest and most actively traded stocks listed on the BSE. It is one of India's principal benchmark equity indices and among the most widely tracked gauges of South Asian equities.

The Nifty 50 is the National Stock Exchange of India's flagship benchmark index, representing the weighted average of 50 of the largest Indian companies across key sectors. It is widely tracked as a barometer of Indian equity market performance.

The Nifty Bank index tracks the performance of the most liquid and large-capitalized banking stocks listed on the NSE, serving as a key gauge for the banking sector, which carries significant weight in Indian benchmark indices.

The Nifty Midcap index measures the performance of mid-sized companies listed on the NSE, providing insight into market breadth beyond large-cap stocks.

Source: CNBC-TV18 Markets