Markets likely to stay nervous in Jan: Deutsche Equities

Here are experts equity calls for the day on how the markets are expected to trade:

Abhay Laijawala, Deutsche Equities: While we remain constructive on 2012, we believe that the negative news flow is set to continue into the early part of the New Year. Markets are likely to stay nervous in January and in the run-up to the Budget in February. Unless the European situation worsens, Indian markets are likely to bottom by February. The Budget, rupee, RBI Policy & divestment roadmap are the key domestic triggers.

Garry Evans, HSBC: Investors are nervous as we head into 2012 with most of them being defensive. But there are there are indications that this negative consensus is starting to unravel. Risk appetite has stabilised and we are beginning to see evidence that international funds are warming up to riskier sectors like materials and turning away from the traditionally defensive consumer staples.