Indian equity benchmarks rallied for the third straight session to close at over three-week highs on Tuesday, as bank stocks surged and fears of rate hikes were soothed after the country’s central bank said inflation looked set to ease.

Dear Trader… Indian equity benchmarks continued to trade in fine fettle in today deals as market participants indulged in enlarging positions. Sentiments got boost on the back of firm global cues and falling oil prices.  Further, sentiments were supported by Indian rupee appreciating 6 paise to 82.24 against the dollar