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The Sensex fell 30 points to 32,370 and the Nifty dropped 19 points to 10,121 on September 21 after foreign investors pulled funds following the Fed's signal of another rate hike this year. The Fed also said it would begin trimming its balance sheet in October.
The rupee fell to a two-month low in line with losses in other Asian currencies.
Fed tightening and foreign fund outflows raise the rupee cost of dollar-priced imports for India. The move is a macro signal with limited direct impact on feed commodity prices.
scroll.inScroll StaffSep 21, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
