'US Federal Reserve' hints at raising interest rates

The US Federal Reserve has indicated to raise interest rates from March. Its effect has also been on the Indian stock market and there is a huge decline in it. On Thursday, once again the stock market opened on the red mark with a heavy fall amid weak global cues.

'US Federal Reserve' hints at raising interest rates

The 30-share Sensex of the Bombay Stock Exchange (BSE) slipped 990 points to open at 56,868, while the Nifty of the National Stock Exchange (NSE) started trading at 16,986 with a fall of 291.

At present, the Sensex is trading down 1154 points. On the other hand Nifty is also trading by breaking 319 points. It is worth noting that after a heavy fall for five days, the stock market finally closed with a gain after opening on the red mark on Tuesday. The Sensex closed at 57,858 with a gain of 367 points, while the Nifty jumped once again to cross 17,200. The index gained 129 points and closed at 17,278.