Indian equity benchmark settled lower on Thursday, dragged by information technology stocks and financials, after the U.S. Federal Reserve reiterated its fight against inflation with a quarter-point rate hike even as it signaled that a pause in policy tightening could be near.

Dear Trader… After US bourses experienced a sharp sell-off following the key FED policy, the DOW futures made a remarkable recovery in the morning, Hence, the SGX Nifty indicated a mildly negative opening for our markets. The Nifty future started on a sluggish note, but the initial dip was absorbed