A break below 17,000 could take Nifty50 towards 16,800-16,650: Anand James
"In addition to a 75 bps hike, the US Feds commentary has upped market expectations of a peak rate of 4.4% by the end of the year, and 4.6% by 2023, much higher than previous expectations, prompting traders to take money off the table."