Indian equity benchmarks declined over 2 per cent on Thursday, led by slump in banking, financial and metal stocks. Also, persistent high inflation in the US also weighed on the domestic indices, as they extended their fall for the fifth straight session.

Dear Trader…                          Indian equity benchmarks extended their fall for the fifth straight session and ended lower with losses of over two percent on Thursday, as investors remained worried ahead of Index of Industrial Production (IIP) data for March and crucial retail inflation (CPI) reading for April, which will be released