Expect volatility ahead of US election, Greek vote: CLSA
Laurence Balanco of CLSA expects volatility this week ahead of the US Elections, a Greek parliamentary vote and the change in Chinese leadership.
November 06, 2012 / 08:49 IST
Here are experts equity calls for the day on how the markets are expected to trade:
Laurence Balanco, CLSA: Expect volatility this week ahead of the US Elections, a Greek parliamentary vote and the change in Chinese leadership. For India though, don't expect any change as price action has managed to hold the breakout from the neutral trading range.Markus Rosgen, Citigroup: Stocks with quality attributes are beginning to underperform riskier ones. Earnings revision, economic releases are all improving and liquidity too is bottoming out. Within India, TCS, HUL, Nestle, Asian Paints, Titan, Glaxosmithkline & Colgate are expensive, high quality stocks, while Tata Motors is a cheap high risk stock. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
