Indian equity benchmarks fell nearly 2% on Friday on fears an aggressive U.S. Federal Reserve would trigger foreign fund outflows, while financial stocks slid after the central bank barred Mahindra Group’s financial services arm from using third-party agents to recover loans.

Dear Trader… Negative global cues and FIIs turning heavy sellers, impacted investor’s sentiments on the last day of the week. US Fed’s aggressive stance has increased recessionary fears on global front and created nervousness on domestic markets as well. Nifty was showing signs of weakness from its opening and broke