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Market Outlook - 16th Dec 2015

Published on Aug 27th 2015

IT

Indian markets are expected to open Positive tracking SGX Nifty. U.S. Markets closed in positive territory on Wednesday. The rebound on U.S. Markets came as traders looked to pick up stocks at reduced levels following the downturn seen over the course of the trading day on Tuesday. European markets ended in negative territory on Wednesday as concerns about China continued even after Chinas central bank Tuesday cut its key interest rates and reserve ratio boosting efforts to support the slowing economy. Indian markets fell sharply on Wednesday as concerns over Chinas stock market crisis and growing fears that Chinese growth is weakening continued to haunt investors.

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