Indian equity benchmarks fell on Wednesday to snap a four-day winning streak as worries over inflation resurfaced amid surging oil prices, while domestic explorers rose in late trade after the country approved a plan to give marketing freedom to sell crude.

Dear Trader… Indian equity benchmarks ended in red on Wednesday in line with tepid global markets as inflation and recession fears continued to hurt sentiment. Markets made gap-down opening as continued selling in FIIs weighted on market sentiments. Foreign institutional investors (FIIs) sold shares worth a net Rs 1,244.44 crore