Indian equity benchmarks ended higher on Monday after two straight weekly losses as IT stocks rebounded and Reliance Industries jumped on a brokerage upgrade, while investors also eyed the federal budget and more blue-chip earnings.

Dear Trader… Indian equity benchmarks ended higher with gains of over a percent on Monday, taking positive cues from global markets and favorable takeaways from the Economic Survey report. All eyes were now on the upcoming Union Budget, to be presented by the Finance Minister in Parliament on February 1.