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Tactical upmove in India set to continue: Deutsche Equities

The worst of the policy paralysis may be reversing, underscoring our thesis that a tactical upmove in the Indian market seen since late last week is set to continue.

July 01, 2011 / 08:56 IST

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

Abhay Laijawala, Deutsche Equities: The worst of the policy paralysis may be reversing, underscoring our thesis that a tactical upmove in the Indian market seen since late last week is set to continue. We remain constructive on the Indian markets and the worst of the underperformance may now be behind us.

Parul Saini, RBS: We reversed our cautious stance on Indian equities in early June as the valuation de-rating since the beginning of the year has priced in inflation and growth slowdown concerns and the monetary-tightening cycle is close to its end. Our key Overweights are Canara Bank, Power Finance, Maruti Suzuki, L&T, Cipla and Hindalco.

first published: Jul 1, 2011 08:52 am

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