Goldman Sachs overweight on India

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

Tushar Poddar, Goldman Sachs: Both equity valuations and the currency appear influenced by the outlook for reforms. We are currently overweight India on better global and local macro picture, as well as the positive reform momentum

Nandan Chakraborty, Axis Capital: With the industry reeling under weak power availability, high interest rates and input costs post the diesel and freight hikes, all eyes are on what the Budget can unfold. The RBI will wait for what the Budget delivers before deciding the timing for its next rate cut, given such weak growth.