Volatility Vanishes: Indian Markets React Calmly to US Rate Hike

Today's session saw Indian markets react surprisingly calmly to the Federal Reserve's decision to increase interest rates by 25 basis points. The Nifty index closed slightly higher at 0.2%, while the Sensex showed a more cautious performance. This positive response is attributed to several factors, including easing bond yields and a correction in oil prices, which helped alleviate some domestic investment pressure. Additionally, strong participation from domestic institutions offset the negative impact of foreign investors who had been selling aggressively. The market's reaction indicates a favorable environment for Indian investors amid global uncertainties, where volatility remains a constant element. The performance of the indices suggests resilience among domestic markets against both local and international uncertainties.