Indian equity benchmarks closed 1% higher on Thursday, snapping two straight sessions of losses, led by gains in banking and technology stocks and a slump in oil prices.

Dear Trader… Indian equity benchmarks ended with strong gains on Thursday following value buying in banking, TECK and IT stocks and a largely positive trend in global markets. Markets begun the day on a strong note, as traders took encouragement as International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva said