The Indian equity markets managed to break their five-week losing streak amid heightened volatility for the week ended May 20. The S&P BSE Sensex rose 2.9 per cent while the broader Nifty 50 index advanced 3 per cent. During the week, benchmarks witnessed wild swings on Thursday and Friday. On Thursday indexes fell 2.5 per cent owing to the weekly expiry of index futures and options contracts but staged a strong bounce back on Friday.