Indian equity benchmarks fell for a second straight session on Wednesday, pulled down by heavyweight financials, as concerns over surging inflation and prospects of aggressive rate hikes by the U.S. Federal Reserve weighed.

Dear Trader…                          Indian equity benchmarks settled lower for a second straight session on Wednesday tracking weakness across global markets against the backdrop of hawkish comments from US Federal Reserve officials and further sanctions against Russia. Key gauges made a gap-down opening and stayed in red for whole day, as traders