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Market Outlook - 16th Dec 2015

Published on Dec 02nd 2015


Indian markets are expected to open on positive note tracking the SGX Nifty and most Asian markets. U.S. markets moved notably higher during trading on Tuesday more than offsetting the moderate weakness seen in the previous session. The strength on US market reflected positive sentiment generated by an overnight rally by stocks in the Asia Pacific region. European markets came under pressure on Tuesday closing mixed despite new unemployment figures from the euro zone showing the region taking a step in the right direction. The Indian shares ended little changed on Tuesday after the Reserve Bank of India kept its key repo lending rate unchanged at 6.75% but affirmed commitment to ease its policy as and when room is available.

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