Indian stock market, June 22 -- India's benchmark equity indices broke a three-day losing streak and closed over 1 per cent higher on Friday, driven by short-covering ahead of the upcoming monthly derivatives expiry and a boost in sentiment after US President Donald Trump postponed his decision to support Israel's attack on Iran.

The Sensex began the session at 81,354.85, slightly below its previous close of 81,361.87, and surged 1,133 points (1.4 per cent) to reach an intraday high of 82,494.49. Meanwhile, the Nifty 50 opened at 24,787.65, compared to its last close of 24,793.25, and climbed 1.4% to hit an intraday peak of 25,136.20.

By the end of the day, the Sensex had advanced 1,046 points, or 1.29 per cent, to close at 82,408.17. T...