Indian equity benchmarks closed over 1% lower on Friday to log losses for a second straight week, with declines seen across the board, as global sentiment soured after the U.S. Federal Reserve hinted at an increasingly aggressive rate hike.

Dear Trader…                          Friday’s session turned-out to be a dismal day of trade for Indian equity benchmarks, where frontline gauges ended the day with a cut of over a percent, breaching their crucial 57,200 (Sensex) and 17,200 (Nifty) levels, dragged down by losses in all the sectors after US Fed chief’s