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Market Outlook - 15th Feb 2017

Published on Feb 15th 2017

IT

Indian markets are likely to start off on a positive note today tracking SGX nifty and global cues. U.S. markets closed higher Tuesday posting new record highs as investors digested testimony from the top Federal Reserve official. The European markets were relatively flat during Tuesdays trading session. After fluctuating between small gains and losses over the course of the day the markets finished with mixed results. Traders appeared reluctant to make any big moves while Federal Reserve Chair Janet Yellen testified before the U.S. Congress. Indian markets ended flat with a negative bias on Tuesday mirroring weak Asian markets and mixed cues from Europe as investors awaited Fed chief Janet Yellens testimony before Congressional committees today and tomorrow.

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