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Market Outlook - 16th Dec 2015

Published on Nov 18th 2015


Indian markets are expected to open flat to negative tracking the SGX Nifty and global cues. US markets ended the session roughly flat after showing a substantial move to the upside in the previous session. The choppy trading on Wall Street came as traders expressed uncertainty about the outlook for the markets following the terrorist attacks in Paris. The European markets surged Tuesday as investors shrugged off geopolitical concerns. Defence stocks were among the best performers following the terrorist attacks in Paris late Friday. Investor sentiment also received a boost from the stronger than expected German economic confidence report. Indian markets extended rally for second consecutive session tracking strength seen in Asian and European indices on the back of rally seen in the US markets in overnight trade. The sentiment on the Street remained strong with 20 of the Sensex stocks ending the day in positive. Relief rally in FMCG metals and select banking finan

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