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"We are coming to India as we know that it is becoming stronger and stronger among emerging market economies," Jose Maria Ricciardi said.

The real bear market in India this year has been in mid and small caps compared to a 0.7% gain in the S&P BSE Sensex for the same period.

Espirito Santo Securities has given a ‘Buy’ rating on Cipla with a fair value of Rs 440.

Espirito Santo Securities reiterated its ‘Sell’ rating on Bharat Heavy Electricals with a fair value of Rs 190 per share.

The numbers were ahead of consensus estimates of Rs 60 crore, with positive surprise coming from general insurance business.

"We would need to see a sustained recovery in margins before turning positive on the stock again," the brokerage said in a report.

ITC may post up to 5% decline in sales this fiscal because the company has already raised prices by more than 12% to negate recent increase...

In an interview with ET Now, Deepali Bhargava, Chief India Economist, Espirito Santo Securities, talks about the rupee.

Espirito Santo Securities, in its pre-IPO research report, has stated that the initial public offering of Multi Commodity Exchange of India...

To say there is a complete de-linking is probably going too far, but in relative terms, India is looking increasingly attractive.