Last Updated: Saturday, March 29, 2014, 10:46
Credit Suisse as well as Bank of America Merrill Lynch have conveyed these views in the research notes prepared for their respective clients in India and abroad.
Last Updated: Friday, March 07, 2014, 18:52
Shares of Financial Technologies on Friday gained nearly 4 percent after foreign fund house Merrill Lynch Capital Markets Espana acquired 2.64 lakh shares in the Jignesh Shah-led firm.
Last Updated: Thursday, March 06, 2014, 18:12
FTIL's stock surged 4.99 percent to close the day at Rs 370 -- its upper circuit limit on the BSE.
Last Updated: Wednesday, March 05, 2014, 22:41
However, identity of seller (s) of the shares could not be ascertained immediately.
Last Updated: Monday, December 09, 2013, 19:07
The state assembly election results are likely to place BJP as the front runner in the May 2014 General Elections, but it may not be enough to justify a further increase in the BJP tally, a Bank of America Merrill Lynch report says.
Last Updated: Saturday, November 23, 2013, 20:02
The Board of Directors of Pfizer Ltd and Wyeth Ltd, in their respective meetings today, approved a proposal to merge Wyeth India with Pfizer India, Pfizer said in a statement.
Last Updated: Friday, October 18, 2013, 14:04
According to the BofA Merrill Lynch fund manager survey for October, investors are concerned that global economic recovery could falter, while emerging market confidence have started to rebuild.
Last Updated: Thursday, September 12, 2013, 18:46
The Reserve Bank is likely to retain the marginal standing facility (MSF) at the elevated 10.25 percent in its mid-quarter policy due on September 20 unless the US Federal Reserve defers its plan to withdraw its easy money policy, according to a report.
Last Updated: Saturday, September 07, 2013, 10:48
About 4,800 current and former female financial advisers and trainees at Bank of America and Merrill, which the bank bought in January 2009, are eligible for the latest settlement.
Last Updated: Monday, September 02, 2013, 19:19
According to the global financial services major, in terms of the average magnitude of financial vulnerability for nine major Asian countries, we are getting close to what was observed in mid-1997.
Last Updated: Thursday, August 29, 2013, 14:16
If the status quo remains, BofA-ML said "a conservative estimate is USD/INR goes to 70 year-end and 75 by-end 2014 based on NDF forward pricing."
Last Updated: Wednesday, July 31, 2013, 14:30
The rupee is not likely to settle down until the Reserve Bank of India is able to recoup the forex reserves, says a Bank of America Merrill Lynch report adding the country needs to issue NRI/sovereign bonds to hold Rs 60/USD level.
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