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Market Outlook - 16th Dec 2015

Published on Nov 27th 2015

IT

Indian markets are expected to open flat tracking the SGX Nifty. U.S. markets were shut on account of Thanksgiving holiday. The European markets rallied closing at a three month high as reports suggested that the European Central bank is looking at expanding stimulus to boost the economy. Indian markets closed in the green on the last day of the expiry. The rally was led by index heavyweights Tata Motors (gained 5%) and ITC Reliance Industries which gained more than 2% each.

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