NIFTY-1
-0.02%
4920.40
BSE-4.48
-0.03%
16217.82
NIFTY Futures+14.8
0.3%
4927.90
Trending Now : NIFTY SBIN JUBLFOOD HDIL JPASSOCIAT
Dow Jones opened down 0.04% from the previous close. S&P gained 0.03%, while Nasdaq was up 0.08% at the opening bell.
France's CAC is up 0.71%, UK's FTSE is up 0.39% and Germany's DAX is up 0.87%.
French May consumer confidence rises to 90 vs 89 in April.
The organisation expects FY13 GDP growth of 5.5%, if Greece exits Euro.
One is likely to see more policy measures on growth in China, it adds.
Hang Seng has 18% upside by end of year, while MSCI China has 25%.
China leaders can speed up infra spends to boost growth, it adds. One is likely to see first China rate cut in June or July.
It prefers Asia to EMEA, but contagion risks remain, it adds. If Eurozone breaks, it will happen in 12-18 months. It had earlier viewed euro breakup with 3-5 yr horizon.
Coming towards end of earnings downgrade cycle, it says. Liquidity concerns in India are on GAAR & EU issues.
SGX Nifty indicates soft opening on Dalal Street,