Mkts could be affected by global equity volatility: Enam

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

Nandan Chakraborty, Enam: Most global equity markets jumped 3-5% last week, shrugging off lower growth in most global PMIs as the Fed seems committed to take unconventional steps to rescue US growth. In the short-term, Indian markets could be affected by global equity volatility due to global growth concerns and large issuance pipeline across emerging markets. However, India's structural trajectory will continue to attract disproportionate global liquidity.