Markets snap three-day losing streak, close over 1 percent higher

REUTERS - India's stock markets rose more than 1 percent on Thursday, snapping three straight sessions of losses, as investors bought beaten-down stocks while upbeat U.S. markets overnight also improved sentiment.

The benchmark BSE Sensex gained 1.22 percent, while the broader Nifty rose 1.37 percent.

(Reporting by Karen Rebelo in Mumbai; Editing by Subhranshu Sahu)