Stock market update, July 10 -- The Indian equity benchmarks staged a steady recovery on Thursday, rebounding from the previous session's sharp correction despite escalating West Asian geopolitical tensions that pushed Brent crude prices near $79 per barrel.

Nifty 50 reclaimed crucial ground to close at 23,962.80, up 80.75 points or 0.34%, while BSE Sensex advanced 238.22 points, or 0.31%, to settle at 76,741.82. Market breadth heavily favored the bulls, reflecting robust broad-market participation as the advance-decline ratio stood exceptionally strong with 2,522 stocks advancing against 780 stocks declining.

Sectoral performance was led by Nifty Realty, which surged 3.54%, followed by strong buying in Consumer Durables, Pharma, and Fi...