Mumbai, Oct. 29 -- The key equity indices ended sharply higher on Thursday, snapping a two-session losing streak. Buying across sectors, led by IT and banking stocks, lifted sentiment after the US Federal Reserve kept interest rates unchanged. Buying by foreign portfolio investors (FPIs) on Wednesday also boosted investor confidence. The Nifty closed above 22,900, while the Nifty MidCap and SmallCap indices gained around 0.6% each. All NSE sectoral indices ended higher except the Nifty Auto and Nifty Cement indices.

The S&P BSE Sensex surged 905.01 points or 1.24% to 74,151.04. The Nifty 50 index jumped 237.90 points or 1.05% to 22,936.75. In the past two consecutive trading sessions, the Sensex and the Nifty dropped 0.49% and 0.24%, res...