Indian equity benchmarks ended lower after a choppy Wednesday session, as Russia’s escalation of the conflict in Ukraine further soured sentiment of investors already bracing for a super-sized interest rate hike by the Federal Reserve.

Dear Trader… Markets traded volatile for yet another session and lost over half a percent. After the initial positivity, the Nifty index pared all its gains as the session progressed and finally settled at 17718.35; down by 0.5%. Markets will first react to the Fed meet outcome in early trades