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Market Outlook - 16th Dec 2015

Published on Jul 29th 2015

IT

Indian markets are expected to open flat tracking SGX Nifty. After five trading sessions of losses US markets ended in green as investors were encouraged by strong earnings from UPS Ford and other big companies. Also US markets gained on account of steady global markets performance. FTSE 100 rose 0.8% its first advance in six sessions. U.K. stocks finished higher Tuesday aided by rally in RSA Insurance Group shares on takeover speculation. Benchmark Indices ended lower for fourth consecutive session on concerns of capital outflows after SIT proposed stringent norms for Pnotes. Also investors turned cautious with US FOMC meet ahead as it would give signals on rate hikes.

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