More room for outperformance of MSCI India: Credit Suisse

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

Sakhti Siva, Credit Suisse: There seems to be more room for outperformance for MSCI India as it has only outperformed by around 3 percent since joining the Cheapest 4 club. Not only does India look cheap relative to the region, but even on an absolute basis, the current price-to-book of 2 times is close to the last 3 troughs.

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Prabhat Awashti, Nomura: Uncertainty regarding global growth & India's inflation outlook remains high and shifts in investor expectations continue to be volatile. The rise & fall in global commodity prices could be temporary and an improvement in the Indian market's macro ecosystem from a fall in commodity prices could be small, should price moves reverse.