New Delhi, June 24 -- Amid broad-based buying, the Indian stock market closed Wednesday's session with solid gains, recovering much of the previous day's losses. Financial stocks led the rally, while a rebound in technology shares provided much-needed relief to Dalal Street.

The Nifty 50 jumped 0.83% to close at 24,021, while the Sensex gained 1% to settle at 76,991. The broader markets also mirrored the positive trend but underperformed the benchmark indices, with the Nifty Midcap 100 and Nifty Smallcap 100 indices posting comparatively modest gains.

All major sectoral indices ended in the green, barring the Nifty Auto and Nifty Metal indices.

Sentiment towards domestic equities improved amid growing expectations of a more permanent p...