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BOFA SECURITIES ANALYSIS
Consumer sector beats expectations but faces commodity crunch from Q2, warns BofA SecuritiesIndia's consumer and retail sector saw a strong first half of FY26. GST cuts and a favorable base effect boosted consumption. However, risi...
TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-re...
Rising crude and aluminium prices: Bharat Subramanian on what it means for India's energy and metals sectorsGeopolitical tensions in West Asia are driving up oil and aluminium prices. This benefits upstream oil explorers while squeezing oil market...
IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weaknessIndian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This ...
Ceasefire changes everything, says BofA's Amish Shah; here's what it means for your portfolio right nowThe Iran-US ceasefire has allowed BofA Global Research to revise its market outlook, maintaining a Nifty year-end target of 26,200. The end...
BofA Securities cuts Nifty earnings target to 8.5%, says market not in value zoneBofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation r...
How a sharp US Dollar crash could trigger global recession – here's what BofA is warningGlobal recession risk global recession risk: Global economic stability is at risk as BofA Securities warns a sharp US dollar decline could ...
Hot Stocks: Brokerages view on Indian Hotels, Honasa Consumer, NMDC and PaytmCiti also maintained a buy rating on NMDC and BofA Securities recommended a buy on Paytm.
Q4 shows uneven recovery for consumer sector; checkout BofA Securities top 4 picksThe consumer sector witnessed good earnings growth in Q1 2021, but the recovery has been patchy, according to a report by BofA Securities. ...
Book profits with Nifty above 18,000, says BofAThe brokerage said with the Nifty above 18,000, which is its year-end target for the index, there is little room for more upside. If the Ni...
Sell Nifty@18,000, buy when it dips to 16,000: BofA SecuritiesBofA Securities recommends investors to book profits in Indian equities and advises buying into the dips if Nifty50 moves towards 16,000 le...
Asia investors beat the market when they bet on women, BofA saysA basket of the MSCI Asia Pacific Index’s members with the highest proportion of women in management posted average five-year returns that ...
BofA sees Nifty in the 17,000-19,500 range in 2022. Here are its top thematic playsIt prefers domestic cyclicals such as financials, industrials and autos, as the foreign brokerage felt India's economy is relatively well p...
Hot Stocks: Global brokerages on RIL, UltraTech Cement and Godrej PropertiesCLSA maintained its outperform rating on UltraTech Cement with a target price of Rs 7,365 which translates into an upside of over 10 per ce...
BofA Securities downgrades Airtel to `neutral' on near-term headwindsThe global brokerage added that rising inflation and weaker rural sentiment would also make it difficult for telcos to push through another...
BofA Securities says market may remain sideways in near term, sees Nifty@17KBofA felt that despite markets correcting since the October 2021 peak, the prevailing 1-year forward Nifty valuations at 19.2 times look el...
Nifty's up-and-down cycle throws up 5 stocks that can benefit the most during recovery"Our analysts preferred stocks within these sectors include Bharat Electronics, Tech Mahindra, HCL Tech, Shree Cement and Hindalco," the br...
Issues on tariff hike, new funding may raise VIL's dependence on govt relief: BofA SecuritiesVIL's management believes this can be fixed by floor pricing pending government approvals, and change in the architecture of current plans.
Energy, financials top picks of FIIs in Feb; materials stay out of favourA BofA Securities analyst said foreign institutional investors have piled on shares of financial and energy stocks in February, hoping for ...
Slow pay growth adds to hurdles in way of India’s recovery even as joblessness easesWage bills of companies increased by just 2.9% in the three months to June from a year ago -- the slowest growth in 18 years, according to ...