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Indian equity benchmarks fell more than 1% on Friday and posted their biggest weekly loss in a month as investors shunned risky assets on worries that aggressive interest rate hikes by global central banks would stifle economic growth.
Dear Trader… Indian equity benchmarks ended Friday’s session near intraday lows, with Sensex and Nifty breaching their crucial 54,350 and 16,250 levels, respectively, following weakness in global counterparts and fear of faster policy tightening to combat inflation. The bourses started the session in red and remained under pressure for whole