If Sensex, Nifty Crack Blame It On US Fed And Not RBI Policy

While the US market closed with modest losses on Wednesday, they hide the impact they could have on international markets.

Sending the indices tumbling from their intraday gains were the minutes of the March FOMC meeting that showed that the Fed plans to begin unwinding its USD 4.5 trillion balance sheet later this year.

The implications of this could be hugely negative for the global markets.

What this means is that the Fed will start sucking back all the stimulus it has given to the markets all these years.

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