Indian equity benchmarks closed at a near four-month high on Monday, led by metals and automobile stocks, as cooling oil prices and strong buying from foreign investors lifted sentiment.

Dear Trader… Indian equity markets added gains to continue firm trade in the today session on account of buying in front line counters. Sentiments were upbeat with Reserve Bank of India’s (RBI) data showing that India’s foreign exchange (forex) reserves rose by $2.315 billion to $573.875 billion for the week