Indranil Sengupta

Bank earnings will send Sensex to 29k levels by Dec: BofAML

Improvements in earnings emerging out of better earnings from banks will trigger Sensex to hit 29,000 level by December, said Indranil Sengupta, Co-head of India Research, BofAML.

RBI Monetary Policy: Here's why RBI may execute a surprise rate cut, says BoFA-ML

There are strong fundamental reasons for RBI to cut key interest rates, believes Indranil Sengupta, Chief Economist, India, BoFA ML.

Expect subsidies at 1.5% of GDP in FY17: BoAML

Indranil Sengupta of Bank of America Merrill Lynch expects subsidies to continue to come off to 1.5 percent of GDP in FY17 from 1.7 percent earlier on account of falling oil.

Rupee fair value between 55-65/$: BofA-ML

Indranil Sengupta, India Chief Economist, Bank of America-Merrill Lynch, says the rupee could appreciate to 65 levels versus the dollar by March 2016.

See pickup in activity; GDP up 5% as per old series: Pros

HSBC'S chief India economist Pranjul Bhandari also says upfront spending by the government might lose steam in the latter part of the year

RBI may cut rate by 0.25% next month: BofA-ML

The Reserve Bank is likely to cut benchmark interest rate by 0.25 percent in its next month's policy review if monsoon rains remain normal, Bank of America Merrill Lynch said on Monday.

Don't see stellar May IIP nos; no rate cut: JPMorgan

A CNBC-TV18 poll pegs May IIP at 4.4 percent, higher than 4.1 percent seen in the preceding month. But two eminent economists â€”Jahangir Aziz of JP Morgan and Indranil Sengupta of BoFA-ML remain cautiously optimistic of IIP result in May.

BofA-ML links 25 bps RBI rate cut on Aug 4 to normal rains

"We now expect RBI Governor Raghuram Rajan to cut policy rate 25 bps on August 4 if rains remain normal," Indranil Sengupta, chief economist India at BofA-ML, said in a research note.

Expect RBI to defend rupee at 65/$: BofA ML

According to Indranil Sengupta, chief economist India at Bank of America Merrill Lynch, the Reserve Bank will try and defend rupee at 65/ dollar mark. He believes RBI will not want to give the impression that the rupee is a depreciating currency.

RBI may cut rate in June, 75 bps by April 2016: BofA-ML

Bank of America Merrill Lynch expects inflation to dip in near-term but may surge by year-end.

Expect 75 bps slash once RBI begins rate cut cycle: BofA ML

Indranil Sengupta said the RBI will not engage in a rate cut exercise at the first instance of a cooling off in inflation. It wants to make sure the inflation is truly coming off so that once the rate cut cycle begins, it can be maintained. The US brokerage expects a cut of 75 basis points over the full fiscal year.

See risks to 4.1% FY15 fiscal deficit target: BofA ML

Indranil Sengupta believes there are risks to 4.1% fiscal deficit target for FY15 as tax revenue projections look ambitious. But he does not think the government's borrowing programme is at risk.

Inflation has peaked; CPI at 9.4% likely: BofA ML

Speaking to CNBC-TV18, Indranil Sengupta, chief economist â€“India, Bank of America Merill Lynch, says inflation in India has peaked and it will come down meaningfully in the second half of 2014.

Eco won't revive until Sept '14; see 25bps repo hike: BoAML

Indranil Sengupta, chief economist, BofA ML, in an interview to CNBC-TV18 says he expects the Reserve Bank of India to hike repo rates by 25 basis points (bps) in its December policy, following which the Governor is likely to hold rates.

Rate hikes to pause post Dec, see FY14 CAD at 2.8%: BofA ML

Indranil Sengupta, chief economist at BofA ML does not see remission in inflation between now and the next policy meet.

Indian rupee opens lower at 63.42/dollar, down 18 paise

Indranil Sengupta of Bank of America Merrill Lynch feels the rupee market has begun to look ahead at tapering of the RBI's swaps with oil companies. "We continue to expect the rupee to stabilize at 60-65/USD if the euro-dollar trades in a 1.20-1.30 range. Not surprisingly, the rupee remains among the weakest of the BRIC currencies," he adds.