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Market Outlook - 16th Dec 2015

Published on Oct 23rd 2015

IT

Indian markets are expected to open on positive note tracking the SGX Nifty and most its Asian peers. US Markets moved sharply higher over the course of the trading day on Thursday after the ECB news and earnings reports that included betterthanexpected results from McDonalds Corp. The European markets ended Thursdays session with substantial gains. The markets began to rally after comments made by European Central Bank President Mario Draghi which suggested that further stimulus measures could be coming in the near future. The Indian markets reversed early gains to end modestly lower on Wednesday as a sudden selloff in Chinese markets spurred a bout of risk aversion.

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