Ubs Securities

UBS Securities believes market bottom is in, sees pockets of opportunities in banking, consumption, industrials

While UBS Securities does believe that Trump's tariffs could pose a short-term shock in early April, it still anticipates ongoing bilateral talks to help mitigate their impact.

UBS cheers for Zomato's Q1 earnings surprise, lifts price target to top Rs 300-mark

UBS is among the first brokerages that assigned a price target of over Rs 300 for Zomato, backed by the company's strong Q1 earnings show and scope for margin expansion.

UBS forecasts Paytm's EBITDA breakeven in FY25, initiates coverage with 'buy' call

Paytm's continued monetisation, improved profitability dynamics and discounted valuations as compared to global and Indian peers makes UBS bullish over the online payments aggregator.

UBS Securities red flags retail loans, sees credit cost soaring by up to 200 bps

According to Swiss brokerage UBS Securities, increasing default risks in retail unsecured loans of banks is likely to push up their credit losses by 50-200 bps.

Manufacturing push can add 50-100 bps to GDP annually till 2030: UBS Securities

According to Tanvee Gupta-Jain, the chief economist at UBS Securities India, if the country continues to benefit from the ongoing China+1 supply chain shifts and the ongoing structural reforms, GDP can rise to 6.25-6.75 per cent annually or adding 50 bps till 2030 under an optimistic scenario.

India’s recent rally catching up with upmove in other Asian markets: UBS Sec's Sunil Tirumalai

Tirumalai also expects emerging markets to see 18-19 percent growth in 2024 and for India, somewhere in the range of 14-15 percent.

UBS sees 21% upside in ABB India, upgrades stock to 'buy'

UBS Securities expects a growing contribution from highly scalable new segments and products coupled with active capital expenditure to support ABB India’s growth and operating margin.

India’s GDP growth may drop to 5.5% in FY24 on consumption headwinds, general elections: UBS Economist

Tanvee Gupta Jain expects the RBI to hold policy rates steady and possibly even cut by 50 basis points in the second half of FY24 due to recent global financial market volatility and banking turmoil

Indian rupee likely to strengthen towards 79 by end-FY24: UBS Securities

The rupee is likely to strengthen towards 79 by end-FY24 from an average of 82 to the US dollar in FY23, Tanvee Gupta Jain, the chief India economist at UBS Securities said in a note.

Loan growth of 6% in first half provides banks with strong base, says Vishal Goyal of UBS Securities

"We are constructive on the banking sector. It will only become stronger with loan growth coming back in the system. According to the last report, the data point is around 16 per cent year on year. The first half is generally weak and used to see zero growth but we've already seen six per cent growth that gives us a strong base for NII (net interest income) growth."

UBS revises India's GDP forecast to 9.5% from 8.9% for FY22

The brokerage also sees the economy clipping at 7.7 per cent in FY23 but moderating to 6 per cent in FY24, as it expects the benefit of the low-interest rate regime to end by the end of FY23, and it sees the central bank hiking policy rates by 50 bps in the second half of the next fiscal.

Investment-led growth unlikely in the short-term despite sops from the government

With sector capacity utilisation low in the private manufacturing sector, capital expenditure plans are on hold

Non-NDA govt may lead to 15% correction in Nifty: Report

With only a week to go for the results, the note also discussed possible scenarios and how the market will react to it.

Upbeat on corporate pvt banks; fresh lows for market likely: Experts

To discuss the events that impacted the market in the week gone by and the outlook going forward. CNBC-TV18 spoke to Gautam Chhaochharia, Head of India Research, UBS Securities and Ashwani Gujral ashwanigujral.com.

Market running ahead of valuations; sharp earnings recovery priced in: UBS Sec

UBS has released their 2018 market strategy report and to discuss this CNBC-TV18 spoke to Gautam Chhaochharia, Head-India Research, UBS Securities

Here's why UBS sees no significant upside to the rupee from here

UBS Securities believes the currency will hover around 65 levels, but sticks to its year-end forecast of 70/USD, implying a weakness.

Reliance Infra's Rs 3,000-cr InvIT fund gets NHAI approval

The RInfra InvIT Fund, with a proposed issue size of Rs 3,000 crore with an option to retain over-subscription of up to 25 per cent, will own 10 toll road assets, with an option to acquire further assets in future.

State elections outcome won't affect market: UBS Securities

Although he adds that investors have beem closely following Narendra Modi after his decision to ban high denomination currency last year. So, any BJP win or loss by a huge margin is likely to affect market, he adds.

Budget 2017: 'Markets won't be spooked by talk on corporate tax, LTCG'

Speaking to CNBC-TV18, Gautam Chhaochharia, Head of India Research, UBS Securities, said the markets expect changes to the corporate tax regime and have already digested it,

Demonetisation pain to last till Mar; underweight on cement: UBS

Gautam Chhaochharia, Head of India Research at UBS Securities says the main impact would be felt in March as demand destruction continues. He feels the impact will last till the fourth quarter of FY17. The near-term worry due to demonetisation can still be felt, he adds.

See Nifty earnings growth at 5% in FY17: UBS Securities

Speaking to CNBC-TV18 Gautam Chhaochharia, Head of India Research at UBS Securities, said that the longer India story remains intact. Demonetisation doesn‘t impair the economic trajectory in the long term.

RBI may not pay special dividend to govt from cash haul: UBS

On speculation that RBI may pay a special dividend from the cash clean-up act, Gautam Chhaochharia of UBS Securities said that RBI should not be looked at as a company but as a policy-making body. Hence, it should not be presumed that the central bank will pay a special dividend.