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Bofa Ml India

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BofA-ML trims India's growth forecast to 5.5%

Bank of America Merill Lynch on Tuesday revised India's gross domestic product growth forecast lower to 5.5 per cent for this fiscal from 5.8 per cent earlier, as Reserve Bank of India's tightening......

Market volatility in India to rise as elections near: BofA-ML

Bank of America Merrill Lynch has said volatility in Indian markets is likely to rise sharply as general elections near. According to a report by BofA-ML, capital markets are ‘usually jittery......

Sensex to touch 54K by 2018: BofA-ML

The Sensex is expected to touch 54,000 by end-2018, although it is likely to slide over the next few months as "nothing has changed on the ground yet", says Bank of America Merrill Lynch (BoFA-ML).......

June quarter GDP to be at 6 %; FY15 GDP at 5.4%: BofA-ML

India's GDP growth rate in the first quarter of this fiscal year is likely to be around 6 per cent up from 4.6 per cent in March, driven up by higher industrial growth, a Bank of America Merrill......

Rupee could touch 75/USD: BofA-ML

The Reserve Bank of India (RBI) will have to take far more pro-active steps to rebuild forex reserves, because if the status quo remains, rupee could touch 75 per US dollar by the end of 2014, Bank......

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