Market benchmarks halt 3-day rally; banking financial stocks weigh

Equity benchmarks Sensex and Nifty buckled under selling pressure on Thursday as investors pared exposure to banking, IT and finance stocks after three sessions of gains amid the US Fed's hawkish stance on interest rates. A weak opening in European markets and the depreciating rupee also sapped risk appetite, traders said. https://ift.tt/TYmy0kl