Indian equity benchmarks ended lower on Thursday, weighed down by losses in banking and automobile stocks, with investor sentiment also soured by broad worries about inflation triggered by a big jump in U.S. consumer prices.

Dear Trader… Indian equity benchmarks witnessed bearish trend on Thursday with frontline gauges ending below their crucial 60,000 (Sensex) and 17,900 (Nifty) levels amid broad-based selling pressure as traders remain concerned over sustained foreign fund outflow. Foreign institutional investors (FIIs) were net sellers in the capital market, as they offloaded