<h1>Indian Markets React Positively to US Fed Rate Hike, Showcasing Strong Economic Fundamentals and Stability Efforts.</h1> The Indian Finance Ministry highlighted the positive reaction of Indian stocks and forex markets to the US Federal Reserve's decision to raise the federal funds rate by 25 to 50 basis points. This response underscores the robust macroeconomic fundamentals and macro stability efforts of the Indian economy over the past 18 months. The Ministry noted that Indian market indices rose and the rupee remained stable, reflecting strong economic indicators such as real GDP growth, lower inflation, and a reduced current account deficit. The Ministry expressed confidence in sustaining economic reforms moving forward.