Sensex Rises 300 Points, Nifty Reclaims 24,400

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Indian equity benchmarks Sensex and Nifty recovered from early losses on Thursday. Buying at lower levels helped pare the declines. Support came from in-line US inflation data and falling crude oil prices, which improved market sentiment. The Sensex rose 300 points from its day's low, while the Nifty reclaimed the 24,400 mark, indicating a positive shift in investor confidence.