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Market Outlook - 31st Aug 2016

Published on Sep 01st 2016

IT

Indian markets are expected to open flat. Interest Rate Uncertainty Continues To Weigh On Wall Street.After coming under pressure in morning trading on Wednesday stocks regained some ground in the afternoon but remained stuck in the red. With the lower close on the day the major averages added to the losses posted in the previous session. Stocks have moved mostly lower during trading on Wednesday adding to the losses posted in the previous session. On the final day of trading for August the major averages are turning in a mixed performance for the month. U.K. shares reversed early losses Tuesday after a survey from the Confederation of British Industry showed business volumes were unchanged in the three months to August for business and professional services despite the pessimistic outlook following the U.K.s vote to leave the European Union. The business lobby group found that optimism slumped in the services sector but the impact on daytoday business so far has bee

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