<h1>Indian equity markets rebound with benchmark gaining 177 points as global rally boosts investor sentiment</h1> Indian equity markets rebounded in early trading with the benchmark index gaining 177.79 points and the broader index rising 51.2 points, following a rally in global markets. Blue-chip stocks in industries and banking sectors led the gains, while some retail and steel companies declined. Asian markets showed mixed performance with positive movement in South Korean and Chinese indices but weakness in Japanese markets. US markets had closed higher the previous day. An investment strategist noted that strong domestic economic fundamentals and reduced geopolitical concerns could support continued fund flows. Foreign institutional investors had sold equity worth significant amounts in the previous session.