Domestic bourses rose on Monday to close at a near three-month high, buoyed by a surge in India’s largest private lender HDFC Bank and mortgage lender Housing Development Finance Corp after the companies said they were merging in a $40 billion deal.

Dear Trader… Extending their winning streak to second straight session, Indian equity Benchmarks showcased an enthusiastic performance on Monday, by rallying over two percent in the session and settling above the psychological 18,050 (Nifty) and 60,600 (Sensex) levels. The key benchmark indices opened on an upbeat note boosted by intense