HomeNewsBusinessMarketsAll eyes on ECB's action on rates today: Citi

All eyes on ECB's action on rates today: Citi

Mohammed Apabhai of Citi believes that the implications of a disorderly default in Greece would spread well beyond Europe and could result in a risk meltdown.

November 03, 2011 / 08:27 IST
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Here are experts equity calls for the day on how the markets are expected to trade:

Mohammed Apabhai, Citi: We believe that the implications of a disorderly default in Greece would spread well beyond Europe and could result in a risk meltdown. In the event of a disorderly default, the money market stress would rise significantly. All eyes are now on ECB's action on rates today. Ridham Desai, Morgan Stanley: We have seen a rotational churn with industrials gaining over healthcare in recent months. We still feel it's a stock pickers market. Our top picks are M&M, Infosys and Dr Reddy's. We continue to prefer midcaps over large caps given the valuation gap.
first published: Nov 3, 2011 08:24 am

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