US markets closed positive but post the market closing the US Fed made an important announcement of discount rate hike. Asian markets opened edgy and are trading weak post the Fed news. Our market opens in the negative. Sensex is trading at 16191, down 135 points and Nifty is at 4840, down 40 points from the previous close. CNX Midcap index is down 0.59% and BSE Smallcap index is down 0.32%. The market breadth is negative with advances at 181 against declines of 609 on the NSE.