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Arq - The Hyper Intelligent Investment Engine By Angel Broking

Market Outlook - 16th Dec 2015

Shipping | Published on Sep 16th 2016

IT

Indian markets are likely to open positive taking global cues. US markets gained on Thursday after weak U.S. retail sales data undermined the argument that the Federal Reserve will raise interest rates next week. European markets closed broadly up on Thursday after the Bank of England kept rates at 0.25% and announced there would be no change to its £70 billion (92 billion) quantitative easing program. Indian markets rose for a second consecutive session on Thursday even as the underlying sentiment remained cautious amid the oil price downturn and concerns over the global central banks ability to stimulate growth through ultraeasy monetary policies.

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