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Arq - The Hyper Intelligent Investment Engine By Angel Broking

Market Outlook - 08th Nov 2016

Published on Nov 08th 2016

IT

Indian markets are likely to open positive backed by SGX nifty and Down Jones which remained active and gained strongly overnight. U.S. markets edged up and closed strong a day ahead of Election Day Political worries eased after the FBI said its fresh review of Hillary Clintons emails won’t lead to charges triggering a global rally in equities. Indian markets bounced back sharply backed by global rally in the equity markets and as probability of Hillary Clintons wins increased. While back home key important banks like ICICI were expected to declare their 2nd quarter results market participants seems to be more keenly watching global developments than the domestic developments.

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