Jul 25, 2014 at 10:04 | Source: Moneycontrol.com
Morgan Stanley is underweight on the stock as it thinks Wipro is pricing in steep recovery in dollar revenue growth over the next two years, despite current growth still below that of peers and the industry. The brokerage expects dollar revenue growth to stay below peers at 10 percent/12.5 percent year-on-year in FY15/FY16.
Jul 25, 2014 at 08:47 | Source: CNBC
"Indicators of domestic demand such as industrial production growth, auto sales, non-oil non-gold import segment have shown improvement in growth over the last two months. However, key support is likely to come from export recovery," said Morgan Stanley economists, Chetan Ahya and Upsana Chachra.
Jul 21, 2014 at 10:39 | Source: CNBC-TV18
Sridhar Sivaram, MD, Morgan Stanley Investment Management sees retail inflation cooling off to 6 percent going ahead and expects the Reserve Bank of India (RBI) to oblige the market with an interest rate cut as early as August.
Jul 18, 2014 at 11:37 | Source: Moneycontrol.com
Barclays said this dollar revenue growth was higher than its estimate of 4.6 percent. It maintains overweight rating on the stock and raises price target to to Rs 975, saying Q2FY15 revenue growth will also likely be robust (though lower than Q1).
Jul 11, 2014 at 18:30 | Source: PTI
"We are raising June 2015 Sensex target by 9 per cent to 28,800 based on Sensex earnings growth of 13.5 per cent, 22.7 percent and 23.4 percent for F2015, F2016 and F2017, respectively," Morgan Stanley said in a research note.
Jul 07, 2014 at 10:27 | Source: CNBC
On July 10, the new government led by Narendra Modi will present its first budget, faced with the challenge of balancing its pro-growth agenda with the need for fiscal consolidation.
Jul 03, 2014 at 21:38 | Source: PTI
Equity mutual funds saw record absolute rise in average AUMs which rose by Rs 33,007 crore or 16 per cent to Rs 2.36 trillion, led by mark to market gains and inflows, it said, adding that the equity funds' contribution to gains in assets, was the highest among all categories.
Jun 30, 2014 at 17:52 | Source: Moneycontrol.com
HDFC Mutual Fund announces changes to the provisions of certain schemes acquired from Morgan Stanley Mutual Fund, with effect from June 28, 2014.
Jun 24, 2014 at 10:39 | Source: Moneycontrol.com
Equity Mutual Funds delivered mixed returns as the Equity benchmarks fell for the fourth consecutive session on Monday with the Nifty falling below the 7500 level for the first time since June 5, 2014.
Jun 18, 2014 at 10:07 | Source: Moneycontrol.com
JP Morgan MF has launched JPMorgan Emerging Markets Opportunities Equity Offshore Fund, that aims to seek to provide long term capital growth by investing predominantly in the JPMorgan Funds Emerging Markets Opportunities Fund, an equity fund which invests primarily in an aggressively managed portfolio of emerging market companies.