Indian equities Benchmark posted its biggest drop in five weeks on Wednesday and small and mid-caps stocks also declined as investors booked profits ahead of key U.S. and domestic economic data.

Dear Trader… Markets edged lower and lost over a percent, pressurized by weakness in the select heavyweights.  After the flat start, the Nifty plunged sharply lower in the first half, followed by a gradual decline till the end. And, it eventually settled around the day’s low at 21895.00 levels.  All