Indian equity benchmarks snapped their worst losing streak in more than 10 months on Tuesday, helped by top domestic car maker Maruti Suzuki soaring on better-than-expected margins and Axis Bank on the back of strong earnings.

Dear Trader… Breaking 5-day losing streak, Indian equity benchmarks staged a smart recovery from opening lows and closed at day’s high on Tuesday, led by strong buying interest in PSU, telecom and utilities stocks. The benchmark indices had opened with a massive downside gap, as traders remained cautious after ICRA