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Market Outlook - 22nd Feb 2016

Published on Feb 22nd 2016

IT

Indian markets are expected to open flat tracking the SGX Nifty and Asian peers. U.S. markets turned lower on Friday on lingering concerns about the slump in oil prices and uncertain prospects for the global economy. The European markets finished firmly in the red on Friday as the renewed decline in oil prices and mixed performance in markets overseas weighed on investor sentiment. Indian shares closed marginally higher on Friday after some initial flipflop as an oil rally fizzled out and sentiment turned cautious globally following recent sharp gains.

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