Foreign funds to keep off equities on muted earnings: BofA-ML

Foreign funds to keep off equities on muted earnings: BofA-ML

Muted earnings growth expected in the December quarter will keep away foreign investors from re-entering the Indian equity markets, Bank of America-Merrill Lynch has warned.

Indian CFOs most bullish in Asia-Pacific: Study

"Also, 85 per cent of them anticipate profit growth in 2015 versus 72 per cent last year, against an average of 73 per cent in the region," Bank of America-Merrill Lynch said quoting its survey on Thursday.

RBI to be dovish on Dec 2, but rate cut in Feb only: Report

The Reserve Bank of India (RBI) is likely to take a "more dovish" stance in its upcoming monetary policy review on December 2 and may go in for a cut repo rate in February, according to a British brokerage house report.

RBI may cut rates by 0.75-1% starting early 2015: BofA

BofA said India vs US rate differential is already at 800 bps, far higher than average 460 bps since January 2003.

Poor rains may wash out 50-75 bps from GDP growth: BofA-ML

A below-normal monsoon can bring down India's GDP growth by 0.50-0.75 percent this financial year, forcing the Reserve Bank to delay rate cuts to 2015, Bank of America-Merrill Lynch (BofA-ML) said Friday.

BofA-ML sees PSBs' profit diving; private ones' stable

Bank of America-Merrill Lynch in its earnings preview said banks are unlikely to deviate much from past. State-run banks are set to report decline in headline profits but private lenders will be reporting good numbers.

Reforms, elections, rupee key factors to watch out: BoAML

While RBI is likely to cut repo rate by 25 basis points on Tuesday, the government is also expected to push reform initiatives like increasing FDI limit in insurance sector in the Budget session, it added.

Govt net borrowing likely at Rs 5.18 trn in FY14 Budget: Report

Finance Minister P Chidambaram is likely to announce net borrowing of nearly Rs 5.18 lakh crore to rein in fiscal deficit at the stated 4.8 percent levels for FY'14 in the Union Budget on Thursday, Bank of America-Merrill Lynch (BofA-ML) said in a report Tuesday.