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Market Outlook - 16th Dec 2015

Published on Sep 18th 2015

IT

Indian markets are expected to open on a Positive note tracking the SGX Nifty and most global markets. The US markets were volatile and closed Thursdays trading session on mixed note after the upward move seen in two prior sessions. The US Federal Reserves decision to keep policy interest rate unchanged amidst market turmoil rising international risks and slow inflation at home resulted in markets closing in the unchanged zone. The majority of the European markets ended Thursdays session in the green. The investors remained cautious ahead of upcoming announcement from the Federal Reserve. Indian shares opened higher and traded in the positive zone throughout Wednesday inline with gains seen in global markets as traders awaited Federal Reserve decision on interest rates.

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