New Delhi, Dec. 12 -- Indian equities snapped a three-day losing streak to close significantly higher, driven primarily by positive global sentiment following the US Federal Reserve's 25-basis-point rate cut, which signalled a shift in monetary policy.

The Nifty 50 rallied more than 140 points, or 0.55%, settling near 25,900, while Sensex advanced 427 points, or 0.51%, to close at 84,818.13.

The recovery was broad-based, with Nifty Midcap 100 and Smallcap 100 also gaining nearly 1% and 0.8% respectively, pointing to renewed risk appetite. On the sectoral front, Auto and Metal stocks were the top performers, rising more than 1% each.

The session exhibited a favorable advance-decline ratio, with significantly more stocks moving upward th...