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Market Outlook - 16th Dec 2015

Published on Nov 26th 2015


Indian markets are expected to open positively tracking the SGX Nifty and global cues. U.S. stocks closed flat in a quiet trading session with gains in health care and consumer stocks after data showed thath the economy had a modest growth. Market trading volumes were low as many market participants were awayin the last session of the week as the markets are shut for Thursday and most of the Firday afternoon. The European markets rallied on a report that European Central bank is contemplating expanding its stimulus to boost the economy. Indian markets closed with marginal losses in a volatile trading session. Decline in the capital goods heavyweights (LT Siemens ABB India and Thermax) led to indices closing marginally in losses.

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