Indian equities look attractive: Ridham Desai

From a pure India perspective, Indian equities look attractive and seem to be priced and positioned for a lot of the negatives on the horizon, says Ridham Desai of Morgan Stanley.

March 17, 2011 / 11:27 IST
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Here are experts equity calls for the day on how the markets are expected to trade:

Ridham Desai, Morgan Stanley: From a pure India perspective, Indian equities look attractive and seem to be priced and positioned for a lot of the negatives on the horizon. The key risks include sharp spike in oil, lower global risk appetite and positive growth surprise from developed markets. Sakthi Siva, Credit Suisse: Given investor concerns on what is happening in Japan, it is perhaps not surprising that investors are selling Korea and Taiwan and buying the domestic demand-driven markets like India and the ASEAN region. Our biggest overweights are still Korea and China.
first published: Mar 17, 2011 08:53 am

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