Brokers’ Call                                                                                                                                                                       Brokers’ Call Buy Sterlite, Axis: CS  Neelkanth Mishra, the India strategist at Credit Sussie, feels the current rally is a bear rally and suggests positioning for the uncertainty. CS suggests several approaches: 1) Identify stocks that are away from the mean-reversion trend line (and keep an eye at the exit): buy Sterlite, Axis Bank & M&M, sell ICICI and L&T; 2) Buy beneficiaries of easy global liquidity: either via exposure to commodities (Cairn India, Sterlite), via equity for balance sheet repair (Educomp, Lanco, Suzlon) or just cheap growth capital (Axis Bank, IDFC, SBI, Yes Bank). 3) Sell stocks that are up on mean reversal but have structural concerns: BHEL, SAIL and DLF.  Sensex at 18400 by Dec: Citi  Citi expects the current rally to continue for a few more months as rates fall, confidence comes back and as oversold expectations and portfolio positions catch up. Citi sees the Sensex rising to 18,400 by December. Citi continues to run a relatively aggressive and cyclical portfolio in the near-term, biased towards the financials, capital goods, automobiles, with key underweights in IT services and consumer staples segments.