Stock market today: Nifty 50 and BSE SensexIndia’s equity benchmark index closed in the green for the third consecutive session on Thursday. The market’s positive direction was supported by strong gains in leading stocks Larsen and Toubro and optimism generated by the Economic Survey, which predicted GDP growth of 6.8% to 7.2% for the next financial year.The 30-share BSE Sensex recovered from heavy losses in early trade to close 221.69 points or 0.27 per cent higher at 82,566.37. The index fell as much as 636.74 points (0.77%) to 81,707.94 in morning trading.NSE Nifty also reversed its early decline and rose 76.15 points (0.30%) to settle at 25,418.90. The index had fallen 182.95 points (0.72%) to an intraday low of 25,159.80 earlier in the day.Market participants said positive trends in global markets and new foreign capital inflows helped the domestic benchmark recover from its lows.Among Sensex constituents, Tata Steel surged 4.41% to emerge as the top spot. Larsen and Toubro reported a 10% increase in consolidated operating revenue for the October-December period to Rs 71,450 crore from Rs 64,680 crore in the year-ago period, up 3.66%.Axis Bank, Eternal, NTPC, Adani Ports and ICICI Bank also gained. On the other hand, Asian Paints, Interglobe Aviation, Maruti and Bharat Electronics ended lower.Earlier, the 2025-2026 Economic Survey predicted that next year’s GDP growth rate would be in the range of 6.8-7.2%, citing the cumulative effect of reforms and pointing out that the economy would remain on a stable trajectory. The study also said negotiations on a trade deal with the United States are expected to be concluded by the end of the year, which could help ease external uncertainty.“The domestic market rebounded strongly and ended higher, supported by upbeat economic data that reaffirmed strong growth prospects for FY27 and a solid inflation environment despite persistent global uncertainties,” said Vinod Nair, head of research at Geojit Investments Limited.Foreign institutional investors turned net buyers on Wednesday after buying and selling shares worth Rs 480.26 billion several times, according to exchange data. Domestic institutional investors also stepped in to support the company, purchasing shares worth Rs 3,360.59 crore.Across Asia, major indexes including South Korea’s Kospi, Japan’s Nikkei Stock Average, China’s Shanghai Composite and Hong Kong’s Hang Seng finished higher. European markets were solid, but US stocks ended flat overnight.In the commodity market, Brent crude oil rose 2.50% to $70.11 per barrel.On Wednesday, the Sensex rose 487.20 points or 0.60 per cent to end at 82,344.68 and the Nifty rose 167.35 points or 0.66 per cent to end at 25,342.75.(Disclaimer: Expert recommendations and opinions on the stock market, other asset classes, or personal financial management tips are their own. These opinions do not represent the views of Times of India)