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Market Outlook - 16th Dec 2015

Published on Oct 01st 2015

IT

Indian markets are expected to open in green tracking the SGX Nifty and the Asian cues. The U.S. Stocks ended in green led partly by reaction to rallies by stocks overseas with most markets across Europe and the AsiaPacific region seeing considerable strength on the day and stronger than expected private sector job growth in the month of September. The European markets also ended the session in positive led by mining stocks which bounced back after Glencore which had a few turbulent sessions of late reassured investors that it has taken proactive steps to position the company to withstand current commodity market conditions and USA private sector employment growth also provided support to the markets. Indian shares rose for a second day with a dovish outlook by the RBI a firming trend in rupee and positive global cues. News that India has surpassed U.S. and China as the biggest Foreign Direct Investment (FDI) destination in the first half of 2015 and a significant improvement

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