Home Business Indian equity benchmarks slid on Wednesday as stocks across the board gave...

Indian equity benchmarks slid on Wednesday as stocks across the board gave up gains and investor sentiment around the globe soured over sky-high oil prices, which stoked worries about rising inflation.

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Dear Trader… Indian equity benchmarks snapped a two-day gaining streak to end Wednesday’s session nearly a percent lower mirroring losses in global markets as oil prices hit their highest level in seven years, fuelling concerns about rising inflation. Benchmark indices made a positive opening, as sentiments got a boost with Moody’s Investors Service changed its outlook on India’s sovereign ratings to stable from negative. Besides, it retained the ratings, both

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