New Delhi, Oct. 29 -- Indian equity markets rebounded on Thursday, 29 October, recovering from a recent slide as the US Federal Reserve kept interest rates unchanged, in line with expectations, while upbeat quarterly earnings lifted investor sentiment.

The Nifty 50 rose 1.1% to close at 22,936.75, while the BSE Sensex gained 1.2% to settle at 74,151.04.

The recovery followed a seven-session losing streak during which both benchmark indices declined by around 2%, falling in six of the seven sessions amid persistent concerns over elevated crude oil prices.

Chandan Taparia, Head of Derivatives & Technicals, Wealth Management at Motilal Oswal Financial Services, has recommended Kotak Mahindra Bank, Nykaa and Eternal as buy calls.

Taparia ...