Unable to browse CRM 2016 Org

I have setup a virtual  machine to run Dynamics 365 Onpremise on trial. This requires CRM server 2016 and CRM for Outlook. The organisation I created shows Enabled on the CRM server. However I cannot browse the organisation. On further research I found:

When I type in the command prompt ping localhost  I get a response

However, pinging/browsing http://localhost/ either does not yield anything (the browser is busy loading forever) or sometime ends up in invalid user authentication error. 

I have turned off firewall for Domain and Private network and retained it for public, still no use. 

Can anybody help me with this ?