Nifty could aim at eventual target of 6349: CLSA

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

Laurence Balanco, CLSA: The Nifty is now trading at the upper limit of the resistance zone of 5,402-5,700. While some hesitation is expected at 5,700, once through, the Nifty could aim at an eventual target of 6,349.

Markus Rosgen, Citigroup: For the first time in 2012 we have had stronger inflows into equities than bonds funds for 2 weeks in a row. Global Emerging Market funds saw an impressive USD 3.2 billion inflows, while flows into Asia were in line with the momentum globally. We remain constructive on EM equities.