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Market Outlook - 16th Dec 2015

Published on Aug 11th 2015

IT

Indian markets are expected to open positive tracking SGX Nifty. Dow index moved sharply higher during trading session on Monday regaining some ground following the weakness seen in last few trading session. Buying interest was also generated by renewed optimism about an end to the seemingly endless Greek debt crisis. European stock markets climbed higher on Monday as a rise in some major financial shares offset the impact of weaker energy stocks that curbed the progress of the market. Indian markets ended negative after trading in positive territory for most of the day in the wake of media reports that the government is mulling over convening a special session of Parliament to pass the GST bill touted as the biggest reform in indirect taxation since independence.

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