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Market Outlook - 16th Dec 2015

Published on Dec 16th 2015

IT

Indian markets are expected to open positively tracking the SGX Nifty and its Asian peers. U.S. markets rose for the second consecutive day as a surge in the oil prices led to gains in the energy stocks. European shares rose with the benchmark Stoxx Europe 600 gaining about 3%. The indices broke a five session losing streak helped by rally in the oil and gas shares due to rebound in the oil prices. Indian shares closed in the green for the second consecutive day. The market took positive cues from the European indices which surged on account of rebound in the crude oil prices.

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