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Indian equity benchmarks ended lower on Tuesday in the run-up to domestic inflation data that was expected to reinforce bets of further policy tightening by the central bank, while the rupee plumbed a fresh low amid the dollar surge.
Dear Trader… Indian equity benchmarks traded under pressure and lost nearly a percent on Tuesday weighed by IT, TECK and Metal stocks amid weakness across global markets. After the weak start, the benchmarks drifted further lower and settled around the day’s low ahead of the industrial growth data for May