Not surprising that there has been US Fed rate hike by .25% bps on the expected lines. This has happened at the back of improving US economy. As a result of it is believed that it may not be easy not only for the Indian market for Asian market as well to digest. Emerging Market may face the heat of it.
At the same time, should US economy continue to improve during 2017, there may be increased number of such fed rate hike.
Market analysts shall closely watch the market now on to plan the future strategy. No doubt, India being a developing nation, it is always resilient and cope up with such negatives ; experience says. It being better placed than other Asian countries.
Let us be positive.