Sensex trades flat, Nifty below 24,050 as markets snap gaining streak after Fed’s hawkish signal (opens original article in a new tab)

Indian markets declined as Fed's hawkish signals raised rate hike expectations, with IT stocks leading losses and some sectors gaining.

• Indian stock market indices Sensex and Nifty declined after a four-session gaining streak
• US Fed's hawkish tone raised expectations of rate hikes, affecting market sentiment
• IT stocks led losses while some sectoral indices gained
• Brent crude prices dropped to $78 and rupee remained stable as positive factors