Investment growth will remain strong: Morgan Stanley

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

Chetan Ahya, Morgan Stanley: In FY12, we expect GDP growth to decelerate to 8.2%, as consumption growth moderates. We believe investment growth will remain strong, assuming that the government is on track in boosting private corporate confidence. We believe that curtailing expenditure growth to single-digit levels is critical if the government is to manage inflation risks.