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Market Outlook - 21st Jun 2016

Published on Jun 21st 2016

IT

Indian markets are expected to open in green tracking SGX Nifty and Asian markets. U.S. Markets rose sharply on Monday as investors grew more hopeful that Britain will remain in the European Union letting go of fears that have pulled stocks down in the last two weeks. The European markets rallied sharply Monday after the results of recent polls eased concerns over a possible Brexit. These were the first opinion polls on the EU referendum since the killing of lawmaker Jo Cox. The polls showed a shift among British voters towards the Remain camp. Indian markets rose on Monday tracking a rally in global markets after polls showed support for Britain staying in the European Union regaining momentum before this weeks referendum.

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