Here is expert equity call for the day on how the markets are expected to trade:
H Nemkumar, IIFL: In all likelihood 2011 will be a year of negative returns for Indian equities. Multiple domestic headwinds are gradually gathering pace. A sharp rise in input costs and real wages, coupled with rising interest rates, pose risk to earnings of domestic cyclicals. The bias is on the downside for banks.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
