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US Fed Reserve hikes interest rates by 75 basis points, Indian markets and rupee to be hit

US Fed Reserve hikes interest rates by 75 basis points, Indian markets and rupee to be hit

US Fed Reserve hikes interest rates by 75 basis points, Indian markets and rupee to be hit

US Fed`s rate hike actions have a direct bearing on Indian markets and the rupee, as higher interest rates in the US take the sheen off Indian equities, weaning away foreign investors, say market analysts.

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