Indian equity indices closed higher for the second straight session on Monday prompted by positive global markets and cooling domestic retail inflation. The gains were led by banking, auto and IT stocks.

Dear Trader… The 30-share BSE benchmark Sensex rose 318 points or 0.51% to settle at 62,346. The broader NSE Nifty surged 84 points or 0.46% to end at 18,417. From the Sensex pack, Tata Motors, ITC, Tech Mahindra, HUL, L&T and Infosys were the top gainers, rising 1-3%. On the