Tracking gains of global peers, Indian equity indices closed higher on Wednesday, on easing US rate concerns following further dovish comments by key Federal Reserve officials and stability in oil prices.

Dear Trader – The rally was led by the index heavyweight Reliance Industries, HDFC Bank, and ITC. The BSE benchmark Sensex advanced 394 points or 0.6% to settle at 66,473. The broader NSE Nifty advanced 114 points or 0.58% to end at 19,851.80 Meanwhile, the market capitalisation of all listed