Nifty, Sensex end lower amid RBI rate hike, rupee hits 5-month low

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New Delhi [India], October 7 (ANI): Indian equity markets closed lower on Wednesday as investors turned cautious following the Reserve Bank of India's shift towards calibrated tightening, amid concerns over inflation, while the rupee weakened to a five-month low. The NIFTY 50 index closed at 22,603.05, declining 173.05 points or 0.76 per cent, while the BSE Sensex closed at 72,638.70, down 429.11…

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