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Market Outlook - 21st Jan 2016

Published on Jan 19th 2016

IT

Indian markets are expected to open flat tracking the SGX Nifty and Asian markets. US markets were shut on Monday on account of Martin Luther King Jr. Day. European markets closed flat after witnessing choppy trade swinging between positive and negative territory as investors remained nervous ahead of the Chinese GDP data and a further fall in crude prices. Indian markets once again saw a sharp cut in the last hour of trade after trading choppy earlier in the day. Energy stocks took a beating led by fall in crude prices with the index bellwether Reliance Industries taking a sharp cut.

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