New Delhi, Aug. 25 -- Although the Indian stock market ended Monday's session in the green, it retreated sharply from the day's high as investors booked profits in select counters. The Nifty 50 closed with a gain of 0.39% at 24,967, while the S&P BSE Sensex advanced 0.40% to 81,635. In contrast, the broader markets ended with mild losses.

The rebound from Friday's slump was largely driven by tech stocks, as optimism towards the sector improved after the US Federal Reserve hinted at a possible rate cut in the coming months, raising expectations that looser policy could revive tech spending.

At the Fed's annual conclave in Wyoming, Chair Jerome Powell noted in measured remarks that while U.S. unemployment remains low, "with policy in rest...