Global environment remains supportive for India: JPMorgan

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 10/02/12 Are Mutual Funds betting on Nifty?

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

Bharat Iyer, JPMorgan: The global environment remains supportive for relative outperformance of Indian equities. Moderating global growth implies soft commodity prices and sustained easy monetary policies, both crucial for India. Our portfolio stance remains biased towards the investment cycle, IT services, energy & financials. We remain cautious on the consumption cycle, particularly autos, telecom & materials.