Mumbai, Oct. 13 -- Indian stock markets staged a strong recovery on Tuesday, with both benchmark indices closing with significant gains as a rally in information technology (IT) stocks, driven by optimism around corporate earnings, lifted overall market sentiment.

The Nifty 50 index closed at 22,721.95, gaining 358.60 points or 1.60 per cent, while the BSE Sensex surged 1,109.10 points or 1.54 per cent to close at 73,033.78.

The rally was led by IT stocks, with the Nifty IT index jumping more than 5 per cent as investors responded positively to optimism around HCL Technologies' earnings.

Vikram Kasat, Chief Business Officer - Advisory and Dealing at PL Capital, said Indian equities witnessed a strong recovery, with gains led by IT stoc...