After swinging between gains and losses, blue-chip equity indices closed flat on Friday, as IT stocks fell amid concerns that it would be a while before the US Federal Reserve cuts rates.

Dear Trader… The 30-share BSE benchmark Sensex dropped 8 points or 0.01% to settle at 75,410.39. The broader NSE Nifty future surged 13 points or 0.06% to end at 23015. From the Sensex pack, HDFC Bank, Bharti Airtel, L&T, Axis Bank, NTPC, and UltraTech Cement closed with gains, while Tech