Policy

Major Reduction Witnessed in Equity Benchmarks ahead of US Fed policy

The outcomes of US Federal Reserve Policies led to the fall out of Sensex by 90 points on Wednesday. Nifty also fell by 23.55 points or 0.15%. The Sensex Heavyweights were PowerGrid which also fell by 1 % and it was followed by various giants like Dr Reddy’s, Titan, HDFC bank, Reliance Industries. The reduction is also witnessed in Shanghai & Hong Kong while Seoul was gaining with trade. The latest Federal Policy also affected the US equities.