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Expect 10-20% correction in Asia: Macquarie Securities

This article was posted on Oct 1, 2009 and is filed under Market News

Daniel McCormack, Macquarie Securities: I am cautious on Asian equities as cyclical indicators have started turning down. I expect 10-20% correction in Asia ex-Japan, which would be a buying opportunity in India. I like banking and infra companies in India.

source: moneycontrol

Tags: bse, correction, nse, sensex, stock markets

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