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Market Outlook - 17th Dec 2015

Published on Dec 17th 2015

IT

Indian markets are expected to open positively tracking the SGX Nifty and its Asian peers. U.S. markets rallied for the third consecutive session after the Federal Reserve raised its key interest rates and emphasized a gradual path for future rate hikes. The move was highly anticipated and was read as a vote of confidence in the economy. European shares closed higher holding onto the gains before the US Federal Reserves expected decision to hike interest rates which signals strength of its economy. Indian shares continued their gaining streak for the third consecutive day. Positive cues from the Asian markets helped the domestic indices to close in the green.

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