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India looks increasingly attractive: Invesco

Tim Dickson of Invesco feels India is looking increasingly attractive, valuations have really come down and at these levels we are more likely to add than sell.

December 20, 2011 / 08:57 IST

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

Tim Dickson, Invesco: India is looking increasingly attractive, valuations have really come down and at these levels we are more likely to add than sell. That said, I'm not sure we've had a total capitulation yet.

Nandan Chakraborty, Enam: Barring any global shock, we expect the rupee to reverse its weakening phase, led by RBI intervention and expected narrowing of trade deficit. This should ease pressure on companies with high forex exposure or importers of coal, crude, metals or equipments such as telecom, power, oil marketing and auto. We expect rate cuts in early 2012 easing pressure on bank stocks.

first published: Dec 20, 2011 07:55 am

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