Erwin Sanft, BNP Paribas Asia said that, "We remain positive on Asian equities and we continue to favour cyclicals and financials ahead of defensives. Central banks are aligned in a global effort to boost growth for the first time since 2009. We expect growth to be higher in 2013 growth than in 2012. However, we have downgraded India on policy concerns."
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!
