The S&P BSE Sensex gained 677.55 points or 0.84% to 81,796.15. The Nifty 50 index jumped 227.90 points or 0.92% to 24,946.50. The 50-unit index fell 1.68% in the previous two sessions.

An escalating conflict between Israel and Iran has rattled global markets, pushing oil prices sharply higher and sparking ...