Indian equity benchmarks settled higher on Monday, driven by broad-based gains for risky assets across regions after U.S. data hinted at less aggressive rate hikes and on hopes for global growth as China reopened its borders.

Dear Trader… Markets started the week with an uptick and gained nearly one and a half percent, tracking upbeat global cues.  After the gap-up opening, the Nifty Future index maintained a positive tone for most of the session and finally settled at 18,173.20 levels.  The surprise recovery in the IT