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......

JPMorgan's investment bank ranked top in Q1

JPMorgan Chase & Co was again ranked the top investment bank by revenue in the first quarter with $5.9 billion, according to a new survey published on Wednesday. In a repeat of the previous year's......

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......

'Most of rupee depreciation may be behind us'

The rupee which has depreciated by 6 per cent over the past month, is likely to stay 'volatile' in the near term but the worst may be behind us, Bank of America Merrill Lynch said in a research......