Underweight

Despite a record rise in trading by retail investors over the past eight years, Indian households remain “dramatically” underweight in the asset class, with stocks comprising only 5%-6% share of their wealth, said Ridham Desai, managing director at Morgan Stanley India Company Pvt. Ltd.

5 reasons why Nomura downgraded Indian equities to ‘neutral’

Top stocks from Nomura include ICICI Bank, Axis Bank, Larsen & Toubro and Dr. Reddy's Lab.

Morgan Stanley downgrades global equities to underweight, says upside limited

On the earnings front, Morgan Stanley thinks that the market is underpricing the risk that companies presented lower full-year guidance

India among most overvalued Asian markets, says Credit Suisse

Credit Suisse has compared price to book value with return on equities to arrive at the conclusion

Linkage auctions key for Coal India, to offset wage hikes: Citi

The research report discounts a weak volume outlook for Coal India, reckoning that the UDAY scheme, along with with forward e-auctions, and rationalisation of high-grade prices should help tick up volumes. Morgan Stanley, meanwhile, is underweight on company.

Good monsoon forecast, pay hikes to drive India upgrade: HSBC

HSBC has changed its rating on India from underweight to neutral owing to high public salary and expectation of good monsoon, says Devendra Joshi of HSBC.

6 things Morgan Stanley liked in Bharti Airtel Q4 earnings

Airtel's capital spending during the quarter was Rs 60.6 billion, with around 55 percent allocated to India wireless, notes Morgan Stanley. Company was free cash flow positive during the quarter

Competition, high price hurting Jubilant Foodworks: Morgan

Among respondents who have not increased consumption of Dominos pizza, 44% cite higher price as the key reason, Morgan Stanley said in its note

India favourite emerging market, says CLSA; picks 8 stocks

CLSA has tweaked its model portfolio by upgrading Reliance Industries to ‘neutral‘ from ‘underweight‘ and increased weightage by 2 percentage points

See 50% chance of Fed starting to taper in Dec: HSBC

Herald Van Der Linde, head of equity strategy for the Asia-Pacific region at HSBC says India would not be impacted to a great extent by tapering because of the corrective steps taken by the government.

EM equities won't be hit hard by $10-15bn Fed taper: Citi

Equities may not get affected too much even if the US Federal Reserve decides to announce USD 10 billion first cut in asset purchases because the markets here have factored in a much bigger taper than USD 10-15 billion

Goldman downgrades India to 'underweight'

Concerns about delayed growth recovery, rising vulnerabilities for the economy and the country's external funding environment has led to Goldman downgrading India

Barclays downgrades GAIL to 'underweight'

The brokerage adds domestic gas output has fallen faster than expected due to a drop in output from the KG-D6 block, and expects a recovery to be 12-18 months away.

JP Morgan downgrades Maruti to 'underweight'

Maruti Suzuki , the country's biggest carmaker by sales, shut production at both of its plants earlier this month to adjust inventory levels in response to falling sales.

Don't buy Ranbaxy, says Mehraboon Irani

Mehraboon Irani of Nirmal Bang Securities remains negative on Ranbaxy. He says one should not buy the stock. "I don't see any reasons why Ranbaxy should be going up in a hurry at least from the present levels," he adds.

Invest gradually in equities, look long term: ICICI Pru AMC

People should still consider equities as a good investment option, says S Naren CIO - equities and fixed income, ICICI Prudential AMC. He says the pharmaceuticals sector is likely to benefit in a strong dollar environment, although it doesn‘t get necessarily any benefit out of lower interest rates.

Citi cuts India to 'underweight', fears disappointment

Citigroup downgrades India to "underweight" from "neutral", as part of its emerging markets review, saying a rebound in economic growth, corporate risk appetite and the investment cycle may not be as strong as current expectations.

Starbucks' impact on Tata Global overstated: Morgan Stanley

Shares in Tata Global Beverages fall 2.9 percent after Morgan Stanley downgrades the stock to "underweight" from "equal weight".

Investment deadlock: Is Parliament the only answer?

With confirmation that growth has troughed out, Nandan Chakraborty, MD, Institutional Equities Research, Axis Capital feels key to next step lies in the winter session of Parliament. Nilesh Shah, Deputy CEO, Axis Capital, however, is of the view that to sort out domestic hurdles, decisions can be taken outside Parliament.

BofA Merrill poll: India darling of Asia Pac fund managers

A survey of fund managers Bank of America Merrill Lynch shows that global fund managers have increased their exposure to emerging markets in October, even as they continued to tread cautiously.

Morgan Stanley cuts RIL to 'underweight' on outlook

Morgan Stanley cut its rating on Reliance Industries to 'underweight' from 'equal-weight', citing lack of near-term triggers, expectations for weaker refining margins and valuation.

JP Morgan rates Reliance Industries at 'underweight'

JP Morgan's re-initiated coverage of Reliance Industries, India's biggest energy conglomerate, with an "underweight" rating and a price target of Rs 650 citing a lack of earnings growth and high valuations.

Macquarie lifts Nifty target price

Macquarie raised its target for Nifty index to 5,000 from 4,600 points, citing the foreign investor flows coming from the rising global liquidity, but said it still remains cautious due to the uncertain economic outlook among other factors.

See market giving 15-16% return by year-end, says Citi

Aditya Narain, head of equities at Citi, talks to CNBC-TV18 on what he is expecting from the Citi India Conference next week. In an exclusive with the channel, he tells what the investors must do about India after the underperformance of the last 6 or 7 months.