Mumbai, June 16 -- Domestic equity benchmarks ended with strong gains today, breaking a two-day losing streak. Global stock markets bounced back as investors weighed the ongoing Middle East conflict ahead of key central bank meetings this week, including the US Federal Reserve, and the upcoming G7 summit in Canada. The Nifty closed above the 24,900 mark, signaling renewed optimism. All sectoral indices on the NSE ended in the green, with IT and energy stocks leading the charge.

The S&P BSE Sensex gained 677.55 points or 0.84% to 81,796.15. The Nifty 50 index jumped 227.90 points or 0.92% to 24,946.50. The 50-unit index fell 1.68% in the previous two sessions.

Infosys (up 1.39%), HDFC Bank (up 0.93%) and ICICI Bank (up 0.75%) boosted the...