#MarketRebound

The market is bouncing back, with the S&P/TSX composite index rising 0.6% to 24,748.98, led by gains in resource shares. The energy sector advanced 2%, while the materials group added 0.7%.

This rebound is attributed to the seasonal optimism of investors, with some expecting a "Santa Claus rally." The Nifty 50 also closed above 23,750, driven by positive sentiment in regional markets following the release of subdued US inflation data. The market's strong rebound has investors hopeful for a continued uptrend, with eight of 10 major sectors ending higher .