Indian equity benchmarks closed lower on Monday for a fourth consecutive session and the rupee settled at near record lows, with investors on edge over worries the spike in global oil prices would lead to higher domestic inflation.

Dear Trader…                          Indian equity benchmarks suffered sharp losses for the fourth straight day in a row, dragging the Sensex and Nifty below critical levels of 52,900 and 15,900, respectively. Concerns about the Russia-Ukraine conflict, as well as rising crude oil prices, drove the markets lower. The markets started the week