Indian equity benchmarks pared most of the losses in the final hour of a volatile session on Tuesday, helped by a rebound in information technology stocks, while recession worries and a surge in COVID-19 cases in China continued to dampen sentiment.

Dear Trader… Indian equity benchmarks trimmed some of their losses in today deals, with both Sensex and Nifty coming off their intraday low points. Losses got cut, as traders took some support with Minister of state for Micro, Small and Medium Enterprises (MSMEs) Bhanu Pratap Singh Verma’s statement that 1.31