The Indian market is set for a negative start on Thursday as global investors remained jittery after the US Fed increased the key interest rates.

Wednesday's rate increase, the fourth of the year, pushed the central bank's key lending rate to a range of 2.25 percent to 2.50 percent.

At 07:19 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.78 percent at 10,900, indicating a negative opening for the Indian market.

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