Benchmark indices closed higher on Monday, helped by pharma and information technology (IT) stocks, amid caution in a data-heavy week that includes US inflation print and the Reserve Bank of India’s monetary policy decision.

Dear Trader… The 30-share BSE benchmark Sensex surged 232 points or 0.35% to settle at 65,953, helped also by financial and auto stocks. The broader NSE Nifty rose 84.80 points or 0.43% to end at 19,661. Broader indexes mirrored their larger peers, with the more domestic-focused midcaps and smallcaps adding