Indian shares ended in the red on Thursday as a surge in rate-sensitive IT stocks due to the near-certainty of a US rate cut next week was offset by a decline in almost all other sectors on caution ahead of domestic inflation data.

Dear Trader… The benchmark S&P BSE Sensex slipped 236 points or 0.29% to settle at 81,289, while the broader Nifty Future index closed at 24,648, lower by 86  points or 0.35%. IT companies, which earn a major portion of their revenues from the US, closed 0.8% higher. An in-line US