Indian equity benchmarks closed marginally lower on Wednesday, after flitting between gains and losses in the session in the absence of major triggers, and with liquidity drying up ahead of the year-end.

Dear Trader… Indian equity benchmarks were trading volatile during today deals, with both Sensex and Nifty altering between green and red terrain, amid negative cues from other Asian markets. Traders remained cautious as India Ratings and Research (Ind-Ra) in its ‘Research and Ratings Compendium’ said that the ratio of Upgrades/Downgrades