Mkts need to go past highs to provoke any fresh buying: NAB

The road to Greece is paved with anything but good intentions. Facing pressure from the IMF and ECB, the Greek parliament finally approved the hugely unpopular austerity measures today.

Asian shares gained on Monday with European markets following them. A rise over the past few weeks, partly on expectations of a Greek deal, shows that most of the recent optimism was already priced in.
Nick Parsons, head of research, UK & Europe at National Australia Bank tells CNBC-TV18 that markets will now need to regain their highs and move above them if they are to witness any fresh bouts of buying.