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Market Outlook

Market Outlook Reports

Market Outlook

Jun 27th 2017

Indian markets are likely to open flat tracking the SGX Nifty and Asian markets. US markets continued to show lack of direction as traders seemed uncertain about the near term outlook for the markets after the Dow and SP 500 reached record high last week. While NASADQ fell 18 points the Dow Jones went up by 15 points. On the economic fron..

Market Outlook

Jun 23rd 2017

Indian markets are likely to open flat tracking the SGX Nifty and Asian markets. US markets had a flat session during yesterdays session. Stocks benefited initially from a positive reaction to the release of the details of the plan to repeal and replace Obamacare. Healthcare stocks gave a strong move to the upside initially but lost groun..

Market Outlook

Jun 22nd 2017

Indian markets are likely to open flat with positive bias tracking the SGX Nifty and Asian markets. US markets had a mixed session during yesterdays session as oil prices moved to its lowest closing level since the last 10 months. The Philadelphia Oil Service Index dropped by 3.4 percent while the NYSE Arca Oil Gas Index and the NYSE Arc..

Market Outlook

Jun 21st 2017

Indian markets are likely to open flat to negative tracking the SGX Nifty and Asian markets. US markets dropped during Tuesdays session as oil prices moved to its lowest closing level since September. Oil prices have been moving lower on concerns of oversupply from Nigeria and Libya. The Philadelphia Oil Service Index fell by 2.3 percent ..

Market Outlook

Jun 20th 2017

Indian markets are likely to open flat tracking the SGX Nifty and Asian markets. US markets reacted positively to the French election. However participation was low due to a lack of economic data. Biotechnology stocks rallied during the session with the NYSE Arca Biotechnology Index rising by 2.2 percent. The other significant gainer for ..

Market Outlook

Jun 19th 2017

Indian markets are likely to open positive tracking the SGX Nifty and Asian markets. US markets had a mixed session which saw poor economic data along with a merger announcement between Amazon and Whole Foods. The U.S. Commerce Department said housing starts slumped by 5.5 percent to an annual rate of 1.092 million in May from the revised..

Market Outlook

Jun 16th 2017

Indian markets are likely to trade in positive zone tracking the SGX Nifty and Asian markets. Following the mixed performance seen in the previous session US markets moved mostly lower during trading on Thursday. The major averages regained ground after an early move to the downside but remained stuck in negative territory. The weakness o..

Market Outlook

Jun 15th 2017

Indian markets are likely to trade in negative zone tracking the SGX Nifty and Asian markets. US markets showed a lack of direction throughout much of the trading session on Wednesday before ending the session mixed. The narrow Dow climbed to a new record closing high. The mixed closed on Wall Street came after the Federal Reserve raised ..

Market Outlook

Jun 14th 2017

Indian markets are likely to open flat and may remain range bound tracking the SGX Nifty and Asian markets. US markets moved to the upside early in the session and remained firmly positive throughout the trading day on Tuesday. With the upward move the Dow and the SP 500 both climbed to new record closing highs. The strength on Wall Stree..

Market Outlook

Jun 13th 2017

Indian markets are likely to open flat and may remain negative biased tracking the global cues. After moving to the downside early in the session US markets remained mostly negative throughout the trading day on Monday. The techheavy Nasdaq underperformed its counterparts pulling back further off the record closing high set last Thursday...

Market Outlook

Jun 12th 2017

Indian markets are likely to open flat and may trade in positive zone tracking the SGX Nifty and Asian markets. After reaching record intraday highs early in the session US markets gave back some ground over the course of the trading day on Friday. The techheavy Nasdaq pulled back firmly into negative territory but the Dow managed to clos..

Market Outlook

Jun 09th 2017

Indian markets are likely to open on Positive note tracking the SGX Nifty and Global markets. U.S. markets notched meager gains Thursday but the Nasdaq closed at a record after former FBI Director James Comeys appearance in front of the U.S. Senate Intelligence Committee concluded without any significant revelations. The European markets ..