Equity calls: Raychaudhuri, Holland

Manishi Raychaudhuri, UBS Securities: I expect the markets to rally in the short-term. India may outperform its Asian peers today. Huge short positions in banking stocks may be covered. The possibility of seeing banking reforms may lead to select buying in this space.

Andrew Holland, DSP Merrill Lynch: UPA'S victory will trigger a short-term rally over the next few weeks. However Inflation and crude will eventually regain centrestage and fundamentals will merit attention.