Expect bullish activity to pick up this week: JM Financial

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

Gerard Minack, Morgan Stanley: We expect lower returns next year as asset prices are now significantly higher than a year ago. However, flows out of debt could push equity valuations higher. If equity returns next year match those in 2012, it will almost certainly be due to valuation expansion.

Gautam Shah, JM Financial: We expect bullish activity to pick up sometime this week. 5800-5830 is a strong support area and even if an adverse global event plays out, the Nifty is unlikely to fall below 5750. Overall, the markets are likely to see a rebound from the lower end of the current trading range.