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