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Arq - The Hyper Intelligent Investment Engine By Angel Broking

Market Outlook - 12th Jan 2016

Published on Jan 08th 2016


Indian markets are expected to open on a Flat note tracking the SGX Nifty and Global markets. US markets extended the downfall seen over the past several sessions as selloff in Chinese markets continued to haunt global markets. The lower Yuan fix resulted in trading being stopped for the second time in four days. European markets followed the Asian markets and posted losses as Chinas Yuan depreciation led to sell off in Chinese markets. However the markets ended off their session lows after news broke that China had suspended the circuit breakers to halt panic and allow a full session of trading. Indian markets continued the slide for fourth consecutive trading session yesterday as China accelerated the Yuan depreciation and weakness in crude oil prices weighted on sentiments.

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