HONG KONG China shares hovered around their highest levels since August on Wednesday, with energy sectors strong after state-run media said the top economic planning agency reaffirmed it will reform resource-pricing policies.
(Reporting by Clement Tan; Editing by Richard Borsuk)
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With the crucial GDP data scheduled to be announced along with key corporate results, volatility is expected to prevail in the upcoming week. Disappointment on these fronts may push the Nifty down to the 7,200-7,500 range. Once we witness stability and consolidation, investors should increase their exposure, says Ambareesh Baliga. Full article