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Market Outlook - 16th Dec 2015

Real Estate | Published on Jan 06th 2016


Indian markets are expected to open on a Flat note tracking the SGX Nifty and most Global markets. U.S. stocks traded on a mixed note on Tuesday following the selloff seen in the previous session post slide in Chinese markets. The markets lacked direction as traders expressed uncertainty about the outlook. Majority of European markets closed on a positive note. Investors remained cautious and markets fluctuated despite of better than expected labor data out of Germany and construction sector data in UK. Indian markets gave up early gains and closed in the negative territory as decline in Chinese stocks and disappointing manufacturing data kept investors cautious. The broader markets managed to outperform Sensex and Nifty.

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