The Indian equity benchmarks fell for second straight session on Monday mirroring losses in global markets after US Federal Reserve chair Jerome Powell on Friday hinted at aggressive rate hikes going ahead to control inflation. The Sensex fell as much as 840 points and Nifty 50 index below its important psychological level of 16,900 at the day’s lowest level. Reliance Industries, Infosys, Tata Consultancy Services, ITC, Tata Steel and Larsen & Toubro were among the top drags on the Sensex.