The benchmark BSE Sensex fell 1.46%, while the broader NSE index declined 1.40% after the U.S. Federal Reserve Chair Jerome Powell signalled the central bank will keep policy rates higher for longer.

Dear Trader… Indian bourses continued to trade in red in the today session amid heavy selling witnessed in front line blue chip stocks. Feeble global cues dented the trading sentiments. Sentiments got hit as US Federal Reserve Chair Jerome Powell’s signal that the central bank will raise interest rates further