Indian equity benchmarks closed at a two-month high on Friday as power companies rallied on expectations of higher demand in the summer months, while heavyweight financials also lent support.

Dear Trader… Dalal Street started the first day of the new financial year (FY23) on a strong note, as both Sensex and Nifty ended Friday’s trading session with gains of over a percent. The markets opened flat with a negative bias on weak global cues but recovered to trade in