Indian equity benchmarks registered their longest losing streak in nearly four years on Tuesday, amid persistent rate hike fears and sustained foreign selling, ahead of the domestic GDP data for the December quarter.

Dear Trader… Markets extended losses for yet another session and settled with a cut of nearly half a percent. The tone was positive initially but selling resumed as the session progressed. Consequently, Nifty finally settled at 17403.40 level. On the sectoral front, most sectors traded under pressure however selective buying