Indian equity benchmarks touched their lowest level in about a week on Wednesday, pressured by pharmaceutical stocks and a 2% fall in shares of oil-to-chemicals conglomerate Reliance Industries.

Dear Trader… Indian equity benchmarks ended lower for the second straight day in choppy trade on Wednesday, amid selling in frontline bluechip counters. Initially, benchmarks traded in a narrow band with a negative bias, as traders got anxious as Fitch Ratings has kept India’s sovereign rating unchanged at ‘BBB-‘ with