Indian equity benchmarks swung between gains and losses, before settling lower on Thursday as investors continued to fret over the likelihood that global central banks would have to keep raising interest rates to tackle inflation.

Dear Trader… Markets remained volatile on the monthly expiry day and closed marginally lower, in continuation of the prevailing corrective phase.  After the flat start, the Nifty future index oscillated in a narrow range and finally settled at 17,511.90 levels; down by 0.31%. Mostly sectoral packs traded in sync with