Indian equity benchmarks settled lower on Thursday after the country’s retail inflation data stoked fears of more rate hikes, while dismal results from Wipro weighed on IT stocks.

Dear Trader… Markets made a tepid start and settled with a cut of over half a precent, tracking weak domestic cues. Mixed earnings and not so encouraging macroeconomic data dented sentiment and pushed the Nifty lower in the first half. Though it tried to recoup losses in the middle, selling