Indian equity benchmarks ended lower and recorded losses for the month on Friday on declines in conglomerate Reliance Industries and Axis Bank, while the overall sentiment was dampened by concerns around rising inflation.

Dear Trader…                          Indian equity benchmarks pared all of their intraday gains to end lower on Friday due to fag-end selling in heavyweights Axis Bank, Power Grid Corporation and Wipro. Key gauges made optimistic start and stayed in green for most part of the day, as traders found some support with