Indian equity benchmarks recovered early losses to close higher on Monday as consumer stocks gained after commodity prices tumbled, overshadowing a selloff in metal companies due to worries over waning demand from top consumer China.

Dear Trader… Late buying helped Indian equity benchmarks to end near intraday high points with front line gauges recapturing their crucial 52,300 (Sensex) and 15,800 (Nifty) levels as traders opted to buy fundamentally strong but beaten down stocks after three days of continues drubbing. Markets made a pessimistic start on