Bank Of America Merill Lynch

Fund managers were a net 29 percent overweight emerging markets, a swift turnaround from the net 10 percent underweight seen last September

Bank of America-Merrill Lynch pegs over 15% credit growth this fiscal

Credit growth may pick up to 15 percent in FY18 from 9 percent in FY17 with the demonetisation shock tapering off and rate cuts on the anvil, according to Bank of America- Merrill Lynch.

ICICI Lombard picks BofA Merill Lynch, I-Sec as advisors for IPO: Source

ICICI Lombard General Insurance has picked BofA Merill Lynch and group company ICICI Securities as advisors for its initial public offering, according to a source familiar with the development.

'Farm loan waivers to touch 2% of GDP in run-up to 2019 polls'

"Farm loan waivers of up to 2 per cent of GDP in the run up to the 2019 hustings pose fiscal/rate risk and impacts credit culture," analysts at Bank of America Merill Lynch said in a note today.

Q3 FY16 revision helped GDP, note ban impact at 1%: Analysts

Even though a 7 percent headline growth number for Q3 suggests resilience in the economy despite note ban, analysts today said a sharp cut in the year ago's data helped achieve it, while demonetisation led to an impact of over 1 percentage point on GDP expansion.

BofA sees 0.25% rate cut to tide over note-ban impact on GDP

The brokerage said 60 percent of 2,000 respondents surveyed by it reported that they have been impacted by the note ban and attributed the "surprising" November industrial growth of 5.6 percent to lower base effect.

BofA-ML sees fiscal deficit target of 3.5% next year

"Given that growth is stagnating at about 4.5 percent in the old GDP series, we have always believed that the Centre should relax fiscal deficit to combat a global recession that could prove to be longer than the Great Depression," it said, weeks ahead of the presentation of the Budget on February 1.

Reliance falls 3% post AGM but Jio seen as game-changer

Bank of America Merill Lynch notes that Jio will need to pay interconnect charges of Rs 0.14 per min for providing free voice services. "Assuming an average MoU/month of 400-500, the payment would likely be Rs 56-80," it adds.

Tata Comm at 7-yr high, investors rejoice VSNL land demerger

According to Bank of America Merill Lynch, the land parcel is valued at RS 103 per share, which is at 75 percent discount to the estimated market value of Rs 412 per share.

India ranked down at 100 in Human Capital Index, finds BofAML

India ranks 100th of 124 countries covered by World Economic Forum. The report brings out severe weaknesses in the country‘s Human Capital, which includes creation, enhancement and maintenance of skills and physical well-being.

Watch: Key findings of BofAML's Global Fund Manager survey

Watch CNBC-TV18's Nimesh Shah list out the key findings of a Global Fund Manager's Survey conducted by Bank of America Merrill Lynch.

Should you buy HUL amidst Q1 slowdown? Analysts say 'go for it'

HUL management has reaffirmed its guidance of continued improvement in operating margins despite the recent increase in commodity costs.

BoAML neutral on ONGC, says core capex may remain high

According to it, ONGC lacks material catalysts near term. Production is forecast to remain range-bound and the company may need time to reduce costs.

BoML upgrades Bharti to buy led by steady growth; stock up 3%

Bharti‘s India revenue market share may be largely flat for the next four years, despite the Jio entry. BoA ML projects a FY16-19 earnings per share (EPS) CAGR of 20 percent, led by steady EBITDA growth/deleveraging.

OMCs rally, BPCL at record high; Analysts bet on GRM recovery

Entire oil marketing companies (OMCs) pack is buzzing on buyers' radar today with IOC and HPCL rising 7 and 8 percent respectively.

Cipla slips 7% on Q4 shocker; margins pressure may persist

Investors are worried about management guidance of mid-teen sales growth on the base business (ex-Nexium) over the next three years and EBITDA growth of 15-20 percent. The company has said that continued investment in research and development (R&D) medium-term for growth may further pressurise near-term margins.

Just Dial falls another 6% on cautious guidance; analysts worry

Investors continued to sell the stock after its management said, in a conference call, that its margins will suffer in short term as next few quarters will be in investment phase but will see long term growth.

Monsoon, rural growth worrisome for HUL but analysts bullish

Though a bit cautious, most analysts are bullish on the stock but concerns over rural demand and monsoon still persist.

Analysts bet psoriasis drug to aid Sun Pharma's US kitty

However, higher competition in Taro's products, re-inspection of Halol resulting in more observations which could delay earnings recovery from the Halol plant may pose threat to the company.

Hot cake! Investors queue up to buy YES Bank as analysts bullish

JP Morgan has an overweight rating on the stock with a target of Rs 925 per share stating that valuations are still reasonable despite the stock being up 25 percent year-to-date.

ITC up 10%, analysts bet on excise duty hike quantum & valuation

Jubilant investors are hurriedly buying shares of ITC as brokerages are bullish on the stock. In his Budget proposal for FY17, Finance Minister Arun Jaitley hiked excise duty on cigarettes to 10-15 percent.

Bad loans & loss yet BoB jumps 24%: Why is clean up impressive

Strengthening NPL recovery teams/processes, rebalancing its loan mix by increasing share of better rated corporate loans as well as retail loans, and scaling-up its digital platform are few initiatives it is taking to spearhead its growth forward.

ICICI at 22-month low post Q3: Will analysts re-rate stock now?

CLSA maintains buy rating with a target of Rs 320 per share stating that credit costs drove earnings cut but valuations are attractive. The brokerage has reduced earnings forecasts for FY17-18 by 7-10 percent considering higher credit costs and states upside could arise from profit on sale of stakes in subsidiaries.

Tata Communications up 5%, BoA ML initiates with buy rating

BoAML says that Tata Communications is well-placed to benefit in the high-growth high-margin enterprise of data business. It expects margins improving 17 percent in FY18 from 15 percent in FY15.

IDFC or IDFC Bank: Which stock should you buy or sell now?

IDFC is the holding company which owns 53 stake stake in IDFC Bank. IDFC‘s share of the bank is worth (USD1.8 billion) is 30 percent higher than its market cap (USD 1.3 billion).