Indian equity benchmarks ended lower on Friday, dragged by metals, pharmaceuticals, and financials, while the prospect of gradual reduction of monetary stimulus by the U.S. Federal Reserve further dented investor sentiment.

Dear Trader… Indian equity benchmarks closed in the red for second straight day on Friday dragged by heavy selling across the board. Indices opened a day with a strong gap down on weak global cues. The mood on the street remained cautious with the labour ministry’s statement that retail inflation