India could outperform Asia ex-Japan: RBS

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.