BusinessAsia struggles to ward off impact of European crisis
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Asia struggles to ward off impact of European crisis
The week ahead should see Nifty deciding the short term trend and trying to find support at its swing bottom of 4788 and recovering or heading lower to test the 2011 lows of 4550.
Weak manufacturing activity in China and dismal growth data from India have underscored Asia's vulnerability to the European turmoil and sparked fresh calls for government intervention.