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Market Outlook - 18th Jul 2016

Published on Jul 18th 2016

IT

Indian markets are expected to open in green tracking SGX Nifty. U.S. markets slipped in light trading falling for the first time in six days as investors weighed the potential for further gains with shares near records and corporate earnings projected to drop for a fifth quarter. The majority of the European markets ended Fridays session with modest losses. Travel and leisure stocks were under heavy selling pressure after an attack drove a truck into a crowd watching Bastille Day fireworks in the southern French city of Nice killing at least 84 people and leaving 100 more injured. Indian markets finished Fridays session slightly lower as TCS and Infosys fell sharply after unveiling their quarterly earnings.

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