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Sensex skids 575 pts, Nifty below 17,650; Tata Power sinks 4%, RIL 2%
CLOSING BELL: Adani Ports, Titan, HDFC, PowerGrid, Wipro, HDFC Bank, ONGC, PowerGrid, RIL, Bharti Airtel, TCS, Coal India, Tata Steel, and L&T fell between 1.5 per cent and 3.5 per cent
US Federal Reserve's balance sheet shrinks for first time since February
The Fed's balance sheet fell to $7.14 trillion on June 17 from $7.22 trillion a week earlier
US Fed divided on when to begin balance sheet unwind
Several preferred deferring decision giving additional time to assess outlook for economic activity
