Keith Parker

Clinton a favourite; Trump win may push mkts down 10%: Barclays

In US, Hillary Clinton continues to be the favourite, said Keith Parker of Barclays. The Republicans will control the House, which reduces chances of aggressive change in policies like taxes and regulations.

Remain underweight on EMs, Asia Pac ex-Japan: Morgan Stanley

Parker thinks it is unlikely they will want to elevate financial market stresses as prominently as it did in September. Instead, he believes it will alter its view on the balance of risks and note that it will monitor economic and financial conditions.

Cut FY16/17 Nifty EPS estimates by 0.6-2%: Credit Suisse

He further says Credit Suisse analysts have cut FY16/17 Nifty EPS estimates by 0.6-2 percent, adding cuts were broad-based, only energy and telecom have seen upgrades.

Overweight on IT; ITC & HUL unattractive: Credit Suisse

"We continue to be overweight on Indian IT, particularly HCL Technologies and find defensives, particularly staples seeing EPS downgrades (ITC and Hindustan Unilever), unattractive," Siva says.

Weak earnings unlikely to de-rail market uptrend: JP Morgan

Bharat Iyer, JP Morgan says the key driver of equity market performance in the current cycle has been surplus global liquidity and relative appeal within emerging markets.

Oil back below $50 as OPEC hopes fade

The Oil cartel is not due to meet until June this year but a report by the Financial Times - with comments by Diezani Alison-Madueke, the Nigerian oil minister - suggested that an emergency meeting was due in the near term.