Indian equity benchmarks closed at a more than one-month high on Tuesday as banking and auto companies gained, while the rupee recovered after breaching 80 against the dollar.

Dear Trader… Indian equity benchmarks erased all losses to turn positive in today session, Buying in frontline stocks such as Axis Bank, Bharti Airtel and Tata Steel were aiding sentiment, while selling in Nestle, HCL Tech and Infosys kept the gains in the markets in check. Traders took some solace as foreign institutional investors were stood as net buyers in the capital market on Monday as they purchased shares worth