All eyes on ECB's action on rates today: Citi

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

Mohammed Apabhai, Citi: We believe that the implications of a disorderly default in Greece would spread well beyond Europe and could result in a risk meltdown. In the event of a disorderly default, the money market stress would rise significantly. All eyes are now on ECB's action on rates today.

Ridham Desai, Morgan Stanley: We have seen a rotational churn with industrials gaining over healthcare in recent months. We still feel it's a stock pickers market. Our top picks are M&M, Infosys and Dr Reddy's. We continue to prefer midcaps over large caps given the valuation gap.