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Sep 25, 2012, 08.42 AM IST
While some hesitation is expected at 5,700, once through, the Nifty could aim at an eventual target of 6,349, says Laurence Balanco of CLSA.
Here are experts equity calls for the day on how the markets are expected to trade:
Laurence Balanco, CLSA: The Nifty is now trading at the upper limit of the resistance zone of 5,402-5,700. While some hesitation is expected at 5,700, once through, the Nifty could aim at an eventual target of 6,349. Markus Rosgen, Citigroup: For the first time in 2012 we have had stronger inflows into equities than bonds funds for 2 weeks in a row. Global Emerging Market funds saw an impressive USD 3.2 billion inflows, while flows into Asia were in line with the momentum globally. We remain constructive on EM equities.
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