Surging inflation continues to be key concern: JPMorgan

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

Bharat Iyer, JPMorgan: MSCI India lost a significant 11% over the month and underperformed the MSCI Emerging markets index led by FII selling on the back of increased policy risks and political uncertainty. Surging inflation continues to be a key concern for investors. The sharp rise in commodity prices and recent political turmoil in some Middle East countries have also adversely turmoil in some Middle East countries investor sentiment.

Sakthi Siva, Credit Suisse: We continue to overweight cyclical markets of Korea & Taiwan & underweight the 2007 club. On the 5 criteria that we have highlighted, Thailand looks most attractive and India probably the least. In January, India saw USD 924 million of net foreign selling while net foreign buying over the past 12 months is still USD 28.5 billion. So, India still accounts for 43% of total net foreign buying which is more than double its MSCI weightage of 20%.