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Arq - The Hyper Intelligent Investment Engine By Angel Broking

Market Outlook - 02nd Jan 2017

Published on Jan 02nd 2017

IT

Indian markets are likely to open flat with a negative bias tracking SGX Nifty and global cues. US markets moved modestly lower on the last trading session of the year. While initially the markets saw lows there was some recovery later but the overall markets closed on a negative territory. Though there was no specific data points traders seemed to have taken a pause in taking positions ahead of weekend and hence the weakness in the markets. Most of the European markets ended on a positive note on the last trading session of the year. 2016 has been an eventful year for the Indian markets. Series of global events and domestic factors impacted the markets. While there is has been some slow down in the economic activity during the current quarter on account of demonetization domestics investors have been positive on the Indian markets as it is expected that the pent up demand would come back after few quarters. On the last trading session of the calendar year the Indian m

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