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Market Outlook - 23rd Jun 2016

Published on Jun 23rd 2016

IT

Indian markets are expected to open in green tracking SGX Nifty and Asian markets. U.S. Markets finished slightly lower on Wednesday as polls showed the outcome of a U.K. referendum on whether to leave the European Union remained too close to call a day ahead of the vote. European markets ended Wednesdays session in positive territory extending their winning streak to 4 sessions. Investors remained in a cautious mood ahead of Thursdays U.K. referendum on whether to remain in the European Union. While recent polls have shown increased support for the Remain camp the issue remains too close to call. Indian markets ended a lackluster session lower on Wednesday as investors exercised caution ahead of Thursdays allimportant UKwide referendum to decide on the countrys future in the European Union.

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