Inflation to remain point of concern, says Nomura

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

Sakhti Siva, Credit Suisse: The small 0.1 percent upgrade to 2013 EPS estimates, so far in January, is encouraging. We believe the risk of a 10 percent plus tactical correction is reduced if the EPS revision is not a blip. We retain our bullish bias with a 2013 MSCI Asia Ex-Japan Index target of 650. Prabhat Awasthi, Nomura: In 2013, the key negatives for India are a broken capex cycle, weak government finances, a poor external account and an under-pressure rupee. The key positives include potential rate cuts, easier domestic liquidity and the reform momentum. While inflation is declining, it will remain a point of concern. Also Read
Morning cues: Will Q3 earnings give legs to market rally?
Stocks in news: TCS, M&M, Bajaj Fin, JSW Energy, SpiceJet
Bull's Eye: Buy Essar Oil, HDIL, DCB, Voltas