Dalal Street indices slide after US Fed hikes rates

Dalal Street indices slide after US Fed hikes rates https://ifttt.com/images/no_image_card.png"The stock market had priced in this muted rate hike but it has taken note of the impact on the cost of funds and tightening liquidity situation," said Gopal Kavalireddi, research head, FYERS Securities. "The Fed commentary also signalled for maintaining the focus on inflation even as there is a banking crisis and the risk of a recession."