Stock picking will become important in 2010: Morgan Stanley

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

Ridham Desai, Morgan Stanley: Investors wary of the market may seek to buy protection and cut beta. Stock picking will become more important in 2010 as compared to the last 2 years. Our key midcap picks include Balrampur Chini, IVRCL Infra, Lupin, Pantaloon and Yes Bank.