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"The Fed rate hike was widely anticipated, and such expected events typically have limited impact on markets," said Ramesh Mantri, chief investment officer at WhiteOak Capital AMC. "Both US and Indian interest rates had already moved higher in anticipation of the decision." Read more: Retail investors pull Rs 5,674 crore from stocks, invest Rs 12,618 crore into IPOs in July-August Other Asian markets ended mixed on Thursday. Japan advanced 0.3%, Taiwan rose 1%, while China and Hong Kong declined 0.4% each, and South Korea ended flat. The pan-European index Stoxx 600 was up 0.5% at the time of going to print. The 25-basis-point rate hike by the Fed helped cool bond yields. Yield on the US 10-Year bond fell below 5%, snapping eight straight days of an uptrend, in response to the central bank move. The 10-year yield had soared to 5.041%, the highest level since July 2007, as elevated oil prices increased inflationary expectations, prompting traders to bet on rate hikes. Read more: Paytm karo, back in vogue again: Can the stock reclaim IPO price after 5 years and 480% rally? Sunny Agrawal, head of research at SBI Securities said a correction in oil prices this morning also provided some relief to Indian markets, which led to indices ending higher. Brent crude oil November futures were trading around $102 a barrel on Thursday evening, down from the $105 mark on Wednesday. Foreign portfolio investors net sold shares worth ₹3,209 crore on Thursday. Domestic institutions were buyers to the tune of ₹3,618 crore. Nifty's Volatility Index or VIX- popularly known as the 'fear gauge' of the markets-fell 7.8% to 12.14 levels on Thursday. Broader market indices outperformed the benchmark, as Nifty Midcap 150 gained 0.9% and Nifty Small-cap 250 rose 0.8%. Out of the total 4,535 stocks traded on the BSE, 2,626 rose and 1,712 declined at close. While the benchmark Nifty 50 has fallen 4.2% in the past month, since geopolitical tensions have again gone up in West Asia, the midcap and small-cap indices have fallen 3.8% and 1.7% in this period. Agrawal said that going ahead, oil prices, geopolitics and domestic and global rate decisions will remain key monitorables for market participants. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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