India, May 21 -- Benchmark equity indices rebounded on Wednesday on fag - end buying and a sharp rally in blue-chip Reliance Industries. Markets recovered all intraday losses and ended higher. The 30-share BSE Sensex climbed 117.54 points, or 0.16 per cent, to settle at 75,318.39. During the day, it tanked 671.44 points, or 0.89 per cent, to 74,529.41.

The 50-share NSE Nifty edged higher by 41 points, or 0.17 per cent, to end at 23,659.

From the 30-Sensex firms, Reliance Industries rallied 2.83 per cent. Bajaj Finserv, Trent, InterGlobe Aviation, Axis Bank and Mahindra & Mahindra were also among the winners.

Bharat Electronics, Tech Mahindra, Eternal and Tata Steel were among the major laggards. Brent crude, the global oil benchmark, t...