Benchmark equity indices were trading with a loss of over one percent in today’s afternoon session due to continuous selling by FIIs.

The hawkish stance of the US Fed has also dampened investor sentiments.  

The BSE Sensex was trading 796 points or 1.08 percent lower at 72,670 points. The NSE Nifty was trading 265 points or 1.19 percent down at the 22,038 level when the reports last came in.