Home Business Indian equity benchmarks closed higher on Wednesday for a second straight session,...

Indian equity benchmarks closed higher on Wednesday for a second straight session, with auto and metal stocks leading gains, as investors used dips to buy after a broad-based selloff early in the week.

Dear Trader… Extending previous session’s jubilation, Indian equity benchmarks ended the Wednesday’s trade with a gain of over a percent with frontline gauges recapturing their crucial 56,900 (Sensex) and 16,950 (Nifty) levels amid a positive rebound in the global market. Markets started the session on an optimistic note as traders took encouragement with the Finance Ministry’s report stating that the government has initiated various measures to provide relief and financial

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Nikhil Bhatt is a SEBI registered individual Research Analyst under the SEBI (Research Analysts) Regulations, 2014 is an entrepreneur, global thought leader with a sound understanding trend of BSE, NSE, financial industry segments and investment trends. According to Nikhil Bhatt, “Our mission is to spread financial awareness and improve financial literacy in a concise, simple and easy-to-understand manner. Backed by scientific research, ethical principles and reliable data, our publications benefit and guide the Indian financial / non financial community like merchants, managers, investors, traders and readers. We seek to make investment decisions more objective and mature”.