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Arq - The Hyper Intelligent Investment Engine By Angel Broking

Market Outlook - 16th Dec 2016

Published on Dec 16th 2016


Indian markets are expected to open flat tracking the SGX Nifty. US Markets rose on Thursday as a postelection rally resumed while investors digested a slew of economic data and the Federal Reserves decision to raise interest rates. The European markets ended Thursdays session in the green after a series of announcements from central banks. Banks were among the strongest performing stocks after yesterdays decision by the Federal Reserve to hike interest rates by a quarter point. Indian markets closed lower on Thursday in a volatile session after the U.S. Federal Reserve raised its key interest rate for the first time in 2016 and also hinted at a more aggressive pattern of rate increases next year. Higher U.S. interest rates could result in dollar outflows from emerging markets towards the U.S.

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