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Market Outlook - 16th Dec 2015

Published on Nov 30th 2015

IT

Indian markets are expected to open on a Negative note tracking the SGX Nifty and most Asian markets. U.S. markets ended little changed in light trading on Friday with consumer stocks falling as investors fretted over early reports on the U.S. holiday shopping season and Disneys subscriber losses weighed on the market. The majority of the European markets ended Fridays session with modest losses. The sharp selloff in China dampened the mood among investors. The Indian markets rose for a second consecutive session Friday on renewed hopes that the government will be able to build consensus to pass the Goods and Services Tax (GST) bill in the ongoing winter session of Parliament.

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