India could outperform Asia ex-Japan: RBS
Though upside catalysts still appear limited, we think India could outperform Asia ex-Japan as inflation and growth slowdown concerns seem well recognised and priced in.
June 08, 2011 / 09:03 IST
Here are experts equity calls for the day on how the markets are expected to trade:
Parul Saini, RBS: Though upside catalysts still appear limited, we think India could outperform Asia ex-Japan as inflation and growth slowdown concerns seem well recognised and priced in. Stock picking should be more rewarding with receding macro concerns. We are overweight on Hindalco, L&T, Maruti, Cipla and Underweight on Coal India, Ambuja Cement and DLF.Bhanu Baweja, UBS: Many investors believe that the fear of a sharp slowdown could soften RBI's hawkish stance. However, it is too early to call for a pause. We expect RBI's stance to remain dependent on inflation indicators but we feel these risks are now largely discounted as the Sensex remains the worst-performing emerging market index this year. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
