Mkts present a good opportunity to buy: Citi

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

Aditya Narain, Citi: We believe the current market conditions present a good opportunity to buy some decent Indian stocks. Despite the headwinds of macro, misgovernance and the market mood, 8%+ GDP growth & relatively safe 15%+ earnings growth are compelling. We maintain our 22,000 Sensex target and believe that the rewards outweigh the risks decisively from here. We are looking to buy financials and other beaten-down large caps.