Why have markets reacted adversely to Fed's move?

Shishir Asthana • March 14, 2023 / 12:18 IST

FII positions in the derivatives market show an overwhelming short position, indicating they are expecting a further decline. On the flip side, if markets do recover, their short covering can result in a sharp rally

Before the US regulators stepped in on March 12 to backstop all SVB deposits, many startups were at the brink of closure. (Source: Reuters)

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