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Market Outlook - 06th Apr 2016

Published on Apr 06th 2016

IT

Indian market is expected to open on a flat note tracking the SGX Nifty and Asian markets. U.S. markets came under pressure for a second straight day as the recent rally lost steam amid investor concerns about the coming earnings season and renewed selling in the oil patch. The European markets ended Tuesdays session firmly in negative territory. The markets got off to a weak start due to falling crude oil prices and the disappointing performance of the Asian markets. The mood among investors soured further after the release of some weaker than expected economic data. Indian markets fell sharply on Tuesday tracking weak cues from Asia and Europe as oil prices hit onemonth low and a slew of European data rekindled growth worries.

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