New Delhi, Sept. 23 -- The Indian stock market extended its recovery trend in Wednesday's trade, September 23, with the headline indices surging nearly 0.50%, as falling crude oil prices boosted sentiment, while US signaled progress in diplomatic effortsto end the war with Iran also aided market sentiment.

The markets opened the session higher and continued to remain in positive territory through the close, as heavy buying in metals and select financial stocks offered much-needed support, offsetting weakness in technology stocks.

The Nifty 50 closed 0.50% higher at 23,446, while the Sensex advanced 0.40% to 74,828. The broader markets closed with even bigger gains, with the Nifty Midcap 100 index surging 0.70% and the Nifty Smallcap ind...