New Delhi, Aug. 3 -- Indian equities ended Monday's session on a strong note, with both benchmark indices gaining nearly 1%, as a sharp decline in crude oil prices amid easing tensions in West Asia boosted investor sentiment. Strong buying in information technology stocks further supported the rally, helping the markets extend their winning streak to a fourth consecutive session.

The Nifty 50 rose 0.78% to close at 24,573, while the Sensex advanced 0.75% to settle at 78,677. The broader markets also participated in the rally, with the Nifty Midcap 100 and Nifty Smallcap 100 indices climbing more than 1% each, outperforming the benchmark indices.

Among the sectoral indices, Nifty IT and Nifty Private Bank emerged as the top gainers, risi...