Chris Wood Of Clsa

Deutsche ups Sensex year-end target to 22000 from 21000

Abhay Laijawala of Deutsche Equities believes expectations of a troughing macro economy, likely withdrawal of liquidity tightening measures by RBI, synchronized global growth recovery and a Fed that is expected to stay 'looser for longer' should offset near-term concerns.

America to remain in a world of quanto easing: CLSA

Greed & Fear's base case is that America will remain in a world of quanto easing, most particularly with Janet Yellen at the helm of the Fed, says Chris Wood of CLSA.

Reiterate December 2013 Sensex target of 21,000: Deutsche

According to Abhay Laijawala of Deutsche Equities, with the currency appreciating strongly and stabilising in a tight band investor sentiment should likely improve. “We reiterate December 2013 Sensex target of 21,000,” he adds.

Next Fed chairman selection important issue for world: CLSA

Chris Wood of CLSA says that the most important issue now facing world financial markets remains the decision on who will replace Ben Bernanke.

Asia & EMs to face major headwinds in coming quarters: CLSA

Chris Wood of CLSA says that it remains clear that Asia & EMs will face major headwinds in coming quarters if the cyclical bulls are right, the US economy accelerates and the Fed attempts an exit. This is because of the clear potential for a reversal of capital flows out of EMs, he adds.

CLSA cuts India's weightage in Asia Pacific portfolio

Chris Wood of CLSA says that the weighting in India in the Asia Pacific ex-Japan relative-return portfolio will be reduced by 2 percentage points with 1 percentage point each added to China and Korea.

See few tactical opportunities in auto, materials: Barclays

While the cyclical adjustment could be resolved via a period of slow asset growth, Bhuvnesh Singh of Barclays believes that a change in the global macro environment should impact the longer-term trend growth rate and valuations of India Inc.

Mkt trend to remain weak, range at 5300-5500: Jefferies

Nilesh Jasani of Jefferies expects the market trend to remain weak as growth and earnings indicators continue to remain weak. "We stay overweight on export stocks, underweight on financials and within cyclicals, we prefer auto stocks," he adds.

CLSA sells Maruti, reduces investment in IDFC by 1%

Chris Wood of CLSA says that the brokerage house is removing investment in Maruti and reducing investment in IDFC by 1 percent.

Buy ITC, Emami, Godrej Industries: Credit Suisse

Neelkanth Mishra of Credit Suisse says that he remained selective buyers of the space and like ITC, Emami and Godrej Industries.

Market will like to see BJP-led coalition led by Modi: CLSA

“Clearly, the stock market will like to see a BJP-led coalition led by Narendra Modi. For now that looks more like a possibility than a probability due to the BJP's lack of coalition partners,” says Chris Wood of CLSA.