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    HomeNewsBusinessMarketsGlobal equities to grind higher by 9% in 2011: Citigroup

    Global equities to grind higher by 9% in 2011: Citigroup

    The positive impact of operational leverage should be enough to push global EPS ahead by 12% in 2011 and 9% in 2012, says Robert Buckland of Citigroup.

    January 10, 2011 / 09:01 IST

    Here is expert equity call for the day on how the markets are expected to trade:

    Robert Buckland, Citigroup: We expect global equities to grind higher by 9% in 2011. The positive impact of operational leverage should be enough to push global EPS ahead by 12% in 2011 and 9% in 2012. As was evident in 2010, the key to success in a grind higher scenario is to buy the dips, but not chase the rallies too hard.

    first published: Jan 10, 2011 07:59 am

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