Indian equity benchmarks settled on a higher note today, snapping their four-day losing run. Domestic indices swung back into the green led by a strong buying interest in consumer goods and automobile stocks. But, a plunge in metal and state-owned banks kept the gains in check.
Indian equity benchmarks on Thursday extended their fall for the fourth consecutive day amid weak cues from the global markets. U.S. stock futures were weak after its consumer inflation surged to a more than 40-year high of 9.1 per cent in June, signalling an aggressive interest rate hike by the Federal Reserve
