Mumbai, April 27 -- The domestic equity indices ended with strong gains on Monday, snapping a three-day losing streak. Sentiment was boosted by reports of Iran proposing a peace initiative to the US to ease geopolitical tensions, along with steady Q4 earnings updates. The Nifty 50 settled above the 24,050 mark. All sectoral indices on the NSE ended in the green, with pharma, realty, and healthcare stocks leading the gains.

As per provisional closing data, the barometer index, the S&P BSE Sensex jumped 639.42 points or 0.83% to 77,303.63. The Nifty 50 index rallied 194.75 points or 0.81% to 24,092.70. In the past three consecutive trading session, the Sensex and Nifty declined 3.29% and 2.76%, respectively.

The broader market outperforme...