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Market Outlook - 16th Dec 2015

Published on Aug 14th 2015

IT

Indian markets are expected to open positive tracking SGX Nifty. Dow index closed on flat note stocks showed a lack of direction throughout the trading session. The choppy trading came as traders seemed reluctant to make significant moves following recent volatility. European stocks recovered from its earlier losses and close on positive note with markets in Germany and France trimming steep weekly losses. Indian stocks staged a tentative rebound on Thursday as the yuans fall slowed and investors cheered betterthanexpected domestic data on consumer inflation and industrial output. Gains however were capped due to persisting weakness in the rupee and concerns over the fate of GST Bill as monsoon session ended without approving the bill.

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