The key domestic benchmarks are tipped to open little changed today amid a subdued trend in fellow Asian markets as concerns rise over the health of the global economy amidst a Japanese recession, stalled growth in Europe and a China slowdown. Most Asian stocks were trading lower even as Japanese Prime Minister Shinzo Abe dissolved the parliament and called for fresh elections after the economy slipped into its fourth recession in six years. China’s Shanghai Composite fell as investor interest in the new bourse link between Shanghai and Hong Kong faded. Hang Seng was trading lower amid concerns over a deepening slowdown in the world’s second biggest economy. Japan’s Nikkei 225 was trading flat even as Abe delayed the second installment of the sales tax hike by 18 months while calling for fresh elections. Back home, markets maybe in consolidation mode after surging to record highs in recent sessions while investors await the RBI policy meet early next month amid rising bets of a surprise rate cut due to easing inflationary pressures.
