RBI to cut policy rate by 25 bps on August 9: BofA-ML"We continue to expect RBI to cut policy rates by 25 bps on August 9. At the same time, the scope for further rate cuts is narrowing," the ...
RBI likely to go for 25 bps rate cut on August 9: BofA-MLAccording to BofA-ML, a further easing of 25 bps is likely as CPI inflation came in at a below-expected 4.8% for March, and February IIP gr...
RBI may slash policy rate by 25 bps on February 2: BofA-MLAccording to the global financial services major, a rate reduction is likely as inflation may be in line with RBI's January 2016 under-6 pe...
Railways may miss Rs 1 lakh-crore capex target this fiscal: BofA-MLThe Ministry of Railways is likely to miss its "ambitious" capital expenditure target of Rs 1 lakh crore for the current fiscal, says a Bof...
RBI will cut rates by 25 bps in February: Indranil Sengupta, BoFA ML"We certainly think there is a slow recovery that is happening in industrial growth. It will probably touch double digits on base effects n...
FPI inflows into India could be below $15 billion: ReportForeign portfolio investment (FPI) inflows into India could trip below $15 billion this fiscal amid continued global uncertainty, a BofA-ML...
Rate cuts, not reforms, key to immediate recovery: BofA-MLAccording to BofA-ML, with inflation well on track to its under 6 per cent January 2016 target, a 50 basis point rate cut is likely.
Investors jittery over lack of real change on ground: BofA-MLThe US brokerage expects RBI to cut policy rates by another 0.25% on June 2 and said that rate cuts and not big-ticket reforms will have ta...
BofA-ML retains December Sensex target at 33,000American brokerage BofA-ML retained its Sensex target at 33,000 by Dec, but said in the medium term, Dalal Street will see more volatility.
RBI prefers Rupee at 62/$; won't let it depreciate beyond 65: BofA-ML"Our call that the RBI will hold Rs 58-62/$ has held so far, although the stronger US Dollar may force a temporary breach," the bank says.
Bajaj Auto Q2 net profit seen up 4% YoY; BofA upgrades to 'buy'The two-wheeler maker is expected to report 4 per cent YoY growth in its net profit number to Rs 870 crore for the quarter ended September ...
Analysts lift growth target; SBI sees GDP clipping at 5.8 per centAfter the release of official data pointing to a surge in growth during the first quarter, analysts today upgraded their GDP estimates.
Rate cuts unlikely before March next: Bofa-MLWe expect inflation to peak off if the US Fed tapering contains oil and other commodity prices and reduces imported inflation pressures: Bo...
Buy bank stocks at lower levels & hold for 6-9 months: Jyotivardhan Jaipuria, BofA-MLWe will see these stocks being very volatile, but you have to buy these stocks at lower levels and then hold them for the next six-nine mon...
Gold demand during Diwali may see rupee break recent record: Christy Tan, BofA-MLRise in the price of commodities could be a contentious point for the rupee breaking the recent record, says Christy Tan of BofA-ML.
Tata Motors hits 52-week high; BofA-ML upgrades to ‘buy’Tata Motors Ltd was the best performing stocks in the BSE Sensex, gaining nearly 79 per cent in the year 2012, helped by JLR performance gl...
- Exide hits 52-week highs on price hike reports
Shares of Exide Industries have hit 52-week in early trade after reports that it has hiked price across all categories by 5% with effect fr...