Nifty to break out of 3300-3350 range: Dipan Mehta

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

Dipan Mehta, Member, BSE & NSE: The exclusion of 50 stocks from F&O is a step in the right direction as it will reduce speculation and encourage cash buying. There may be short-term pressure due to unwinding of leveraged positions. Volatile counters like Akruti may now be avoided in future. I expect the Nifty to break out of the 3300-3350 range closer to the expiry.

Vibhav Kapoor, IL&FS: The market is likely to be rangebound and I expect some consolidation after the recent rally. The Nifty is seen between 3100-3500 till elections.