Mumbai, May 21 -- The domestic equity benchmarks broke their three-day losing streak and ended with respectable gains Wednesday, thanks to strong support from pharma and auto stocks. The Nifty comfortably closed above the 24,800 mark.

While there were no major domestic cues driving the market, global jitters remained in play. Volatility in the US markets and lingering uncertainty around the US-China trade deal raised concerns about its potential impact on foreign institutional flows into emerging markets like India. Sentiment remains cautious, but for now, the bulls are back in the driver's seat.

The S&P BSE Sensex gained 410.19 points or 0.51% to 81,596.63. The Nifty 50 index rose 129.55 points or 0.52% to 24,813.45. In the previous th...