Continue to focus on autos, banks, pharma stocks: BofAML

Here are experts equity calls for the day on how the markets are expected to trade:
 
Jyotivardhan Jaipuria, Bank of America Merrill Lynch: After a series of bad news on politics, growth and interest rate outlook, India has seen some relief from falling commodity prices. The downtrend in commodities eases the tail risks on the twin deficit to some extent. We continue to focus on autos, banks & pharma stocks in our model portfolio.

Sean Darby, Jefferies: We believe that so-called safe havens with little productive value will be sold off as central banks increasingly adopt aggressive monetary regimes. The commodity class is vulnerable to a sell-off and the recent underperformance of emerging markets reflects high multiples attached to uninspiring growth. We continue to be bearish on India.