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Domestic equity benchmarks were subdued on Wednesday as investors remain on edge ahead of the US Federal Reserve rate-setting meeting, with many fearing drastic action would risk tipping the world into recession.
Indian equity benchmarks plunged on Monday, the rupee hit a record low as surging US inflation data, and a COVID-19 warning from Beijing roiled global markets, with traders in Asia's third-largest economy waiting for May consumer price data for further cues.