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Market Outlook - 16th Dec 2015

Published on Dec 10th 2015

IT

Indian markets are expected to open on a Flat to Negative note tracking the SGX Nifty and most Global markets. After an early move in the Wednesdays trading session the US stocks failed to sustain the upside move and closed in the negative territory. The positive movement was mainly fuelled by slight rebound in oil prices. The European markets also continued to slide and closed on a negative note. The encouraging economic data from Japan and China failed to boost investor sentiment amidst lower crude and commodity prices. Indian continued to slide for sixth consecutive day on concerns over passage of GST bill and on continued selling by the FIIs.

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