US Fed puts markets on the slippery slope; Sensex falls 581 points

US Fed puts markets on the slippery slope; Sensex falls 581 points

Investors continued to pull out of risky assets as US Federal Reserve officials signalled that they were on course to raise interest rates in March, citing high inflation. The Sensex dropped as much as 1,419 points, or 2.5 per cent, on Thursday before recouping some of the losses. After a wild ride, the 30-share index closed at 57,277, down […]