Ahead of the release of the Federal Reserve minutes and jobs data, Indian equity indices closed in the red for the second straight session on Wednesday, dragged by financial, metal, and IT stocks.

Dear Trader – The Fed minutes, due later in the day, and key labour market data, expected later this week, will help assess if the optimism over potential rate cuts is justified. The 30-share BSE benchmark Sensex plunged 536 points or 0.75% to settle at 71,356. The broader NSE Nifty