Mumbai, May 29 -- Domestic equity benchmarks bounced back with modest gains today, halting a two-day losing run. The mood turned upbeat after a U.S. federal court struck down President Donald Trump's proposed Liberation Day tariffs, triggering a relief rally across global markets.

Back home, the session remained choppy thanks to the monthly expiry of the Nifty F&O series. Still, a cocktail of positive factors, including a stronger monsoon outlook, easing inflation expectations, and optimism around Q4 GDP growth, kept investor spirits high.

The Nifty wrapped up above the 24,800 mark. On the sectoral front, metals, pharma, and IT stocks were the day's favourites, while PSU banks and FMCG stocks stayed on the backfoot.

The S&P BSE Sensex ...