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Market Outlook - 16th Dec 2015

Published on Sep 01st 2015

IT

Indian markets are expected to open in the red tracking the SGX Nifty and weak Asian markets. US markets closed negative led by renewed concerns about the Chinese economy after a report said the Chinese government has decided to abandon attempts to boost the stock market through largescale share purchases. European markets too ended lower led by the concerns over China. The snap elections in Greece and the likelihood of a nearterm U.S. interest rate hike also weighed on investor sentiment. Indian markets witnessed a modest decline led by weak global cues and as investors waited for the 1QFY2016 GDP data.

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