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Market Outlook - 16th Dec 2015

Published on Dec 11th 2015

IT

Indian markets are expected to open on a Flat note tracking the SGX Nifty and most Global markets. US Markets ended Thursdays trading on a marginally positive note on bargain hunting. However continued decline in commodity prices restricted the upwards move. The European markets ended Thursdays session on a mixed note. The markets awaited announcements from both the Bank of England and the Swiss National Bank and along expected lines; the key rates were left unchanged. Indian shares rebounded from threemonth lows on optimism of crucial reform bills being cleared in the winter session of Parliament. Short covering rally may have contributed to the positive closing.

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