Indian equity benchmarks fell about 1% on Tuesday, tracking global moves as investors weighed expectations of less aggressive Fed rate hikes against inflation and corporate earnings performance.

Dear Trader… Domestic equities witnessed resumption of selling after one day of relief. Nifty opened positive but soon gave up its initial gains to close with loss of 176 points (-1%) at 17925 levels. Except Auto, all sectors ended in red. Profit booking in Bank & Financials, Technology along with