Indian equity benchmarks closed at their lowest in more than a week on Wednesday as rising bond yields globally sparked a selloff in technology stocks and non-bank lender Bajaj Finance slumped on valuation concerns.

Dear Trader… Indian equity benchmarks closed a percent lower each for the second straight session on Wednesday as rising bond yields and negative global cues spooked investors. The benchmark indices opened lower, as traders were concerned with a private report that the third wave of the COVID-19 pandemic is likely