INDIAN EQUITY BENCHMARKS rose more than 1.5 percent on Monday, marking their biggest daily gain in about 1-1/2 months as rate sensitive stocks advanced on hopes that improvement in monsoon may lead to an earlier-than-expected rate cut by the central bank. The S&P BSE Sensex and CNX Nifty ended 1.52%-1.56% higher each.
Headlines for the day:
- IBReal Estate surges as promoter Gehlaut to hike stake
- Domestic air travel surges by 18.35%: DGCA
- Annual report analysis: Poised for a brighter future
- Bajaj Finance marks fresh high.
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