Here are experts equity calls for the day on how the markets are expected to trade:
Michael Kurtz, Nomura: We remain positive on Asian equities as early signs of dollar weakening, a growth-supportive shift in European monetary and fiscal policy and resilient US private demand should help risk appetite and stock performance in EMs. India & China are currently trading at discounts to MSCI Asia ex-Japan. Markus Rosgen, Citigroup: The weight of GEMs in global portfolios has, on an average, been higher than it is today. Within GEMs, Asia is the biggest underweight, led by China, Korea and Taiwan. Only India and ASEAN find favour with investors. Globally, India, Russia, Turkey and ASEAN are still overweights.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!
