Indian equities benchmarks rose on Monday, as a rebound in IT and financial stocks outweighed the slide in Reliance Industries following spin-off Jio Financial’s weak trading debut.

Dear Trader… Domestic equities saw some respite today despite muted global cues. China announced smaller than expected cut in its lending rate, thus disappointing global investors. Nifty future opened flat but soon gained momentum and closed with gains of 67 points (+0.35%) at 19399 levels. Broad based buying was seen