Indian equity benchmarks advanced on Wednesday, led by index heavyweights HDFC Bank and Reliance Industries and buoyed by a post-results rally in an earnings-heavy session, while investors keenly awaited the U.S. monetary policy decision due later in the day.

Dear Trader… Nifty bounced back from a weak start and closed with gains of 155 points at 21786 levels. Global markets will keenly await the US Fed’s commentary on the rate cut timeline. On the domestic front, investor’s focus will be on the Budget. While the Interim Budget is non-event,