Growth appears to be troughing: JPMorgan

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

Markus Rosgen, Citigroup: Last week flows moved back to bond funds from equity funds, on the back of risk off in global equities. However, Asia was the largest contributor to last week's inflow. While China saw the bulk of flows, a significant portion went into Asia regional and India non-ETF funds too. Bharat Iyer, JPMorgan: We remain constructive on Indian equities next year on the back of an improvement in the policy environment. Growth appears to be troughing and inflation is expected to roll over into Q1 CY13. A substantial political calendar however, implies volatility, both in terms of policy making and the market's likely reaction to these.