Merrill Lynch

Asset allocations are still pessimistic, indicating upside.

Merrill Lynch buys ICICI Bank shares worth Rs 823 cr

According to the block deal data available with BSE, Merrill Lynch Markets Singapore Pte Ltd acquired 2.94 crore shares, amounting to 0.46 per cent stake in the bank.

Merrill Lynch sells Indiabulls Housing Finance stake worth Rs 982 cr

According to the bulk deal data available with BSE, Merrill Lynch Markets Singapore Pte Ltd offloaded 75.98 lakh shares or 1.78 percent stake in Indiabulls Housing Finance Ltd.

GST roll out: Most stores still clueless about impact of new tax, says BofA Merrill

Merrill Lynch sees the impact of GST on listed company volumes and earnings extending beyond the June quarter.

Indiabulls Housing mops up Rs 1,330-cr via masala bonds

Being an unrated instrument, the company had to price the 37-month issue at 8.57 percent. Against this, HDFC's Rs 3,000-crore issue last month with same maturity was priced much lower at 7.975 percent.

Bayer makes global offer to buy Monsanto for USD62 billion

German pharmaceutical and chemical giant Bayer AG on May 23 announced a USD 62-billion all-cash offer to acquire US-based biotechnology major Monsanto Co, which has a significant presence in India

RBI may cut rates at February review, says BofAML

Among the factors which will drive the RBI for the cut will be achievement of the 6 percent inflation target in January, it said, adding that it expects the headline consumer price inflation to be at 5.5 percent in November.

SDR inclusion to help China lure trillion-dollar inflows

But strategists are quick to point out that these inflows don't hinge just on Monday's news.

Why markets are still not ready for the Fed to hike

Much has been written about the "dot plot" or the Federal Reserve Open Market Committee's (FOMC) expectations of how quickly it expects the Fed funds rate to climb in the longer term.

BofA-ML slashes FY16 FPI inflows forecast by half to $10 bn

"We cut our FPI inflows forecast for FY16 to USD 10 billion (including USD 5 billion FPI G-sec limit hike) from USD 20 billion earlier," global financial services major BofA-ML said in a research note.

Broadcaster Nexstar offers to buy Media Gen in $4.1 bn deal

Nexstar, whose private offer for Media General on Aug. 10 was rejected, said on Monday that the deal would create the second-biggest local TV station operator in the United States.

Spectrum trading may curb more bidding in auction: Fitch

"The top three telcos, including market leader Bharti Airtel, have increased their combined revenue market share to 73 percent... their ability to trade spectrum may curtail excessive bidding in future spectrum auctions," Fitch said on Thursday.

Swiss banks step up battle for Asia's super-rich

Switzerland's wealth managers have long courted Asia's super-rich amid slowing growth at home and an international crackdown on its bank secrecy rules that has made the country a less attractive place to keep cash.

India's growth rate likely to cross 8%: Venkaiah Naidu

Noting that India has prioritised the creation of 100 smart cities - which will incorporate the use of solar energy, rain water harvesting, good sanitation, drinking water and smart public transportation - Naidu explained the recent guidelines for selection of the cities, financing mechanisms and incentives for private sector participation.

India beats China as most favoured emerging mkt: BofA-ML

Global investors may have reduced their exposure to emerging market equities but India still continues to be the most favoured country, says a report.

Gold is going to $1,300 by May: BofA technician

According to Curry's chart work, gold has been in a "sizable corrective phase" since November 2014. But recently, the yellow metal has shown signs of life. Moreover, Curry points out that gold's inverse relationship to the dollar appears have broken down, which he interprets as another bullish sign for bullion.

Airtel may raise over Rs 2.5K cr by selling Infratel shares

Shares will be sold in the price range of Rs 350-360 apiece. Bharti Airtel has 74.85 per cent stake in Bharti Infratel as of December 2014. When contacted, an Airtel spokesperson declined to comment.

Risk assets oversold, bounce likely in coming weeks: BoAML

Bank of America Merrill Lynch Fund Manager Survey shows risk assets oversold & bounce likely in coming weeks

Merrill Lynch sells over 50 lakh shares of Ansal Properties

Meanwhile, in two other filings Ansal said that company's vice chairman Pranav Ansal bought 9.5 lakh shares for Rs 1.8 crore and another promoter Kusum Ansal bought 2.5 lakh shares for about Rs 48 lakh on the same day -- March 5.

Merill Lynch buys FTIL shares for Rs 9.77 cr

This was in addition to 2.35 lakh shares purchased by the entity yesterday in the open market.

Merrill Lynch buys 2.35 lakh shares in Financial Tech

The shares were purchased at an average price of Rs 347.76, valuing the transaction at Rs 8.18 crore.

In age of market scrutiny, who wants in on the gold

Gold price setting or 'fixing', determining the benchmark for the billions of dollars traded every day, is nearly a century old. The modern twice-daily system launched in 1968.

Lord Turner analyses state of US, Europe & Indian economies

Lord Adair Turner goes on to analyse India and says the crucial thing is to look at the degree of reliance on short-term debt and that is something that RBI governor Raghuram Rajan has commented on within the nature of financing of current account deficit (CAD).

Apple, Amazon downgraded 'on moral and ethical grounds'

In the report, Ronnie Moas, Standpoint Research's founder and director of research, downgraded Apple stock from a "hold" to a "sell," reiterated a "sell" recommendation for Amazon.com shares and initiated Philip Morris stock with a "sell" rating.

Ex-Merrill broker fined for anti-money laundering breach

Anil Chaturvedi, who left Bank of America's Merrill Lynch unit voluntarily in 2011, agreed to an 18-month suspension from the US securities industry and a USD 60,000 fine