new delhi equity markets have been volatile for the last several months first it was the pandemic followed by geopolitical tensions due to the russian invasion of ukraine and now it is monetary policy tightening across the world as central banks have been hiking rates to contain surging inflataion in developed economies earlier this week the us federal reserve hiked its policy rate by 75 basis points for the second straight monthin line with expectations investors are expecting the fed will raise the high end of its target range to 375 by the end of the year up from 175 todaythe big takeaway came during chair powells press conference when he emphasized a shift from forward guidance to monthby month data dependence which could be viewed as a welcomed development that the fed wasnt blindly barreling down a policy tightening path to contain inflation said david chao global market strategist asia pacific exjapan at invescoso what investment implications does this have the less hawkish than expected comments could portend to a near term softening of the us dollar and risk assets could rally but the ultimate impact to the us stock market will depend on how fast the fed raises interest rates and how the underlying economy and corporate profits perform going forwardwhile i continue to be underweight us equities as i believe corporate earnings estimates for 2022 still need to be ratcheted down which means there could be another leg down for equities i believe that current valuations are becoming more and more appealing added chaoindians are flocking towards us stocks to hedge their economic risks despite the market dip and indians have been looking at diversification to hedge their portolfio against economic risks too by buying shares of uslisted companies like meta tesla amazon alphabet apple and netflix among others according to global investment plaform winvestas quarterly investor pulse report for the apriljune quarter indian investor preferences in terms of us stocks and etfs have grown despite the market correction another us investment platform vested finance that allows indian investors to invest in the us stock markets saw its trading volumes grow 22 in q2 2022 as compared to q1 2022 with tesla amazon apple microsoft google facebook and twitter being the top traded stocks on the platform indian investors continued to be net buyers with buy volume 2x of sell volumes during the quartereven though the us markets have been volatile with a major selloff in these big tech stocks for investors it is a time to buy in as these stocks are now available at a better valuation so indians can purchase into the dip as a rule of thumb 10 exposure to international markets is a good target to have initially when you invest in us indices its not just about getting geographical diversification in your portfolio its also a play on rupee depreciation said a certified financial planner on condition of anonymitywhile investing in the top tech stocks has been popular