The bankruptcy filing of Lehman Brothers on September 15, 2008 brings back the most vivid memories of the crisis.
Years of unprecedented stimulus has left the Fed swollen with $4.5 trillion in bonds
A weak dollar in overseas market in view of the Federal Reserve's cautious stance on interest rate strengthened the rupee value.
The dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was up by 0.19 per cent at 95.48.
Of the 30-share Sensex pack, 15 today closed in the red
The S&P and Dow dipped the most in a day since September 28.
The Fed made clear that the rate hike was a tentative beginning to a "gradual" tightening cycle
Federal Reserve Chair Janet Yellen on Wednesday pointed to a possible December interest rate "liftoff" but said rates would rise only slowly from then on to nurture the U.S. economic recovery.
The US dollar has risen about 15 per cent since mid-2015.
The U.S. economy grew faster than initially thought in the second quarter.
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