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Market Outlook - 13th Jan 2016

Published on Jan 13th 2016

IT

Indian markets are expected to open on a positive note tracking the SGX Nifty and Global markets. The US market opened sharp gap up at the open, then all those gains melted away as oil dipped yet again, however late rebound in energy and biotech shares helped push the market to a second straight day of gains on Tuesday. European markets rallied on Tuesday on easing concerns about global economic powerhouse China despite further volatility. Indian markets fell on Tuesday as investors remained cautious ahead of industrial output and consumer inflation data as well as TCS earnings slated for release later in the day.

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