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Bank Of America Merrill Lynch India Strategy

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  • Business

Reforms to drive Sensex to 27,000: Bank of America

Reforms by the Modi government are expected to drive the benchmark stock market index to a year-end target of 27,000 points, a US brokerage said. "We continue to expect reforms to drive markets to......

Why markets may give limited returns this year

Markets are likely to see a limited upside of 5 per cent from the current levels till November and may dip to 19,000-19,300 levels on corrections, according to a Bank of America Merrill Lynch......

Bullish bets on India at a high

Investors more overweight on India compared to other emerging markets says Bank of America Merrill Lynch. Foreign investors’ overweight stance on Indian compared to the basket of global......

Citi joins list of foreign banks scaling down India ops

Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Photograph: Chris Helgren/Reuters Mumbai-based Axis Bank completed acquisition of......

Markets: Foreign investors pulling the plug

Global financial majors, who until recently viewed India as a safe investment decision, are having second thoughts. UBS, in its latest India Market Strategy report, said domestic markets could......

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