On Thursday, Indian stock markets traded positively, marking a second consecutive session of recovery, largely due to supportive global cues and selective buying in heavyweight stocks. The Nifty index is experiencing a relief rebound after recent declines, with banking stocks playing a pivotal role in this recovery. Analysts note that the earlier support zone of 23,800-23,900 may now serve as a key resistance level. Among the stocks in focus, Adani Enterprises witnessed a significant block deal where 58.9 lakh shares valued at approximately ₹1,435 crore were traded, involving GQG Partners and SBI Mutual Fund. Meanwhile, Tata Motors Passenger Vehicles reported a 32% year-on-year decline in consolidated net profit, amounting to ₹5,783 crore, and declared a final dividend of ₹3 per share for the fiscal year ending March 2026. In other news, Jio Financial Services, associated with Mukesh Ambani, saw a block deal where Goldman Sachs sold over 26.75 lakh shares for ₹62 crore, with Morgan Stanley as the buyer. The stock closed at ₹234.20, reflecting a slight increase. Additionally, Hudco reported a remarkable 172% increase in net profit for Q4, reaching ₹1,981 crore.