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Market Outlook - 18th Nov 2016

Published on Nov 18th 2016

IT

Indian market is expected to open on a flat note tracking the SGX Nifty. U.S. Markets rose on Thursday putting the major indexes close to alltime highs as investors parsed through economic data and Federal Reserve Chair Janet Yellen testimony. European markets were locked in a sideways trend throughout Thursday session fluctuating between small gains and losses over the course of the day. The majority of the markets ended the session in positive territory thanks in part to the modest gains on Wall Street. Indian markets ended a volatile session lower on Thursday as concerns that an ongoing cash crunch could affect economic growth and worries over FII outflows on expectations of higher inflation and interest rates in the U.S. continued to rattle markets.

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