We expect a cautious opening...

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We expect a cautious opening...

Post  RaahiShah on Thu Jun 21, 2012 4:41 pm

We expect a cautious opening. Asian markets are mostly in the red. Also, the preliminary HSBC China manufacturing PMI for June has dropped vs. final May reading. The sentiment will continued to be driven by a combination of domestic and external factors.

The main indices will remain choppy and rangebound in the near term.
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