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Market Outlook - 14th Feb 2017

Published on Feb 14th 2017

IT

Indian markets are likely to start off on a positive note today tracking SGX nifty. U.S. markets climbed to new record highs Monday as investors remained bullish on President Donald Trumps economic agenda. European markets closed higher on Monday as investors eyed fresh data and digested the European Commissions latest economic forecast for the euro zone. Indian markets ended a choppy session largely unchanged on Monday with the dollars broadbased strength in currency markets and weak earnings updates from the likes of Bank of Baroda Coal India and Idea Cellular weighing on markets. Investors also awaited January consumer inflation data due out later in the day for fresh clues on whether the RBI has room to cut rates.

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