Indian equity benchmarks ended sharply lower on Friday, dragged by worries of more foreign outflows after red-hot U.S. inflation data increased bets on aggressive interest rate hikes by the Federal Reserve.

Dear Trader… Halting a three-day winning streak, Indian equity benchmarks came under heavy selling pressure and settled with losses of over a percent on Friday. The markets had a weak start and selling accentuated throughout the session as Former Reserve Bank of India Governor D Subbarao said the concern today