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Market Outlook - 16th Dec 2015

Published on Sep 14th 2015


Indian markets are expected to open on a Flat note with Positive bias tracking the SGX Nifty and most of global markets. The US markets remained in the same range as its previous session throughout Friday but managed to close in the green. The traders were on the sideline ahead of the two day Federal Reserves monetary policy meeting starting September 16 2015. For the second consecutive session the European markets closed in the negative territory on Thursday. The pull back was attributed to investor uncertainty ahead of the release of Chinas Industrial Production data on September 13 2015 and outcome of FOMC meeting next week. After registering early gains Indian Markets ended flat on Friday as trader remained cautious ahead of economic data release from China on Sunday as well as much anticipated FOMC meet this week.

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