Indian equity benchmarks rose for the first time in five days in a low-volume session on Monday, with the benchmark Nifty Future reclaiming the key 18,000 level, as risk assets were boosted after mixed U.S. data bolstered bets of smaller Federal Reserve rate hikes.

Dear Trader… Indian equites witnessed a strong recovery after the sharp sell-off last week. Nifty opened positive and gained strength throughout the session to close with gains of 208 points (+1.2%) at 18015 levels. Action was seen in Broader market post its 3 consecutive weeks of decline. Both Nifty Midcap