India, Sept. 18 -- The HNX Index in Vietnam's Hanoi fell by 1.94% and opened at 268.59 points this morning. The previous session on September 17 closed well at 273.90 points. The weaker start to today's session suggests that domestic investors are adopting a wary stance, after the US Fed Reserve hiked interest rates for the first time in 3 years. Early selling pressure and economic risks are also affecting market sentiment.

Why is the Index Moving Downwards?

On September 18, the HNX Index in Hanoi opened at 268.59 points, a drop of 5.54 points, or roughly 2.02%, compared with the prior session's close of 274.13. This softer start points to a more guarded beginning to trading, as selling pressure weighs on investor sentiment.

This steep...