Mumbai, Dec. 31 -- Domestic equity indices rebounded on Wednesday, with the Sensex and Nifty breaking a four-session losing streak on the year's final trading day. Bargain hunting lifted benchmarks despite continued foreign fund outflows. The Nifty closed near the 26,130 mark, driven by strength in energy and consumer durables stocks.

The S&P BSE Sensex advanced 545.52 points or 0.64% to 85,220.60. The Nifty 50 index gained 190.75 points or 0.74% to 26,129.60. The 50 unit index slipped 0.91% in the past four sessions.

JSW Steel (up 4.88%), Reliance Industries (up 1.9%) and Titan Company (up 1.86%) boosted the Nifty today.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index jumped 1.01% and the S&P BSE Small...