Indian equity benchmarks fell on Monday, pulled down by automobile and consumer stocks, and as broader investor sentiment soured after a strong U.S. jobs report triggered fears the Federal Reserve would persist with aggressive rate hikes.

Dear Trader… Indian equity benchmarks trimmed some of their losses in today session, but continue to trade below the neutral lines, with Sensex and Nifty future trading below 58000 and 17250 levels, respectively. Traders were worried as private report projected a sharp moderation in India’s growth rate for FY24 to