The Indian equity benchmarks rebounded on Thursday ahead of weekly expiry of index futures and option contracts led by gains in index heavyweights like Infosys, HDFC Bank, Reliance Industries, ITC, Larsen & Toubro, Wipro and State Bank of India amid stable global cues. The Sensex rose as much as 528 points and Nifty 50 index touched an intraday high of 16,769.