Midcap ideas - Ashok Leyland, Dish TV, Eicher: Macquarie

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

Markus Rosgen, Citigroup: Fund managers have begun using inflows to purchase some risk. That rotation to risk should gather steam in 2013. India got re-rated on expectations of reforms, but delivery is the key. Valuations are okay and consensus is now neutral.

Rakesh Arora, Macquarie: Markets continue to surge as confidence in reforms increased with a successful vote on FDI issue. Further triggers are expected in the form of NIB, etc and that will keep investors interested. Our midcap recommendations are Ashok Leyland, Dish TV, Eicher Motors, Glenmark, Cummins, Prestige Estates, Thermax and Yes Bank.