MARKET OVERVIEW GLOBAL TRACKER :16.09.2016

MARKET OVERVIEW GLOBAL TRACKER :16.09.2016

NIFTY Fut               : BUY ZONE
BANKNIFTY FUT : BUY ZONE

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Equity markets are back in the green as fears of rate hike were wiped out after the weak retail
sales data was reported from the US yesterday.

 US dollar weakened marginally and with no major data in our trading session, we can expect risk sentiment to drive the currencies.

 Indian rupee is set to open on a positive note after the rumor driven depreciation and pull back yesterday.

 Expect the Rupee to appreciate marginally in the day’s session.

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