Deflationary forces continue to mount: CLSA

Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See what other experts are saying about markets See what FIIs are saying about the markets See what Udayan Mukherjee is saying about the markets Nifty BSE | NSE 09/02/12 Are Mutual Funds betting on Nifty?

Here is expert equity call for the day on how the markets are expected to trade:

Chris Wood, CLSA: Deflationary forces continue to mount and we maintain a bearish view on stock markets with the seasonally weak period for equities, namely September and October, having formally commenced. The central point remains that the quicker the US stock market falls from here, the quicker the Fed will commence the next wave of quantitative easing.