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Market Outlook - 16th Dec 2015

Published on Oct 20th 2015

IT

Indian markets are expected to open on flat note tracking the SGX Nifty and most its Asian peers. After turning in a strong performance last week US Markets were slightly higher at Mondays close after an indecisive day of trading. The European markets ended Mondays session with mixed movement. European energy and resource stocks were among the weakest performers. The Indian markets extended gains for a third day in a row on Monday as Reliance Industries reported its highest ever quarterly net profit for the September quarter and Chinese GDP data indicated the worlds secondlargest economy is not facing a big risk of hard landing.

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