The broader market performance, however, is expected to be better by virtue of good performance of state-owned banks on a low base.
US brokerage Bank of America-Merrill Lynch on Tuesday said its sees the first rate cut this fiscal only in March next as inflation is expected to fall only by December end on a decline in commodity prices driven by the US Fed tapering.
India accounted for a meagre 5.1 per cent of merger and acquisition (M&A) deals among emerging countries in the first nine months this year, the lowest in the BRIC (Brazil, Russia, India and China) nations.
According to a report by BofA-ML, capital markets are 'usually jittery prior to the declaration of election results as it is uncertain about the outcome'.
Foreign brokerage Bank of America Merrill Lynch (BofAML) on Friday said a "dovish" Reserve Bank will slash key interest rates by 0.25 per cent at the February review meet and will do cuts of 0.75 per cent in 2015.
.jpg)
GEM fund managers more overweight on India than ever before says Bofa-ML report.
They believe that the key reason behind such a high growth rate could be "a steep downward revision" of the year-ago base period.
OVL, along with Oil India Ltd, had in June agreed to buy Videocon Group's 10 per cent in the same block for $2.48 billion.
.jpg)
On June 27, the Cabinet approved a new formula that uses weighted average of the price of LNG into India and average price at major gas hubs.
Though valuations have moderated, they are still above average.
Budget this year has allowed PSBs to bring down govt stake to 51%
The Reserve Bank may cut key interest rates as early as this week.
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
The country, last year, stood at the 27th spot for effective regulation and supervision of securities exchanges.
The move to sell the jewel in Vodafone's crown closes a heady expansionist chapter for one of Britain's most famous companies
Sahara accuses Mirach Capital of cheating, forging bank letter.
India's current account deficit (CAD) is likely to ease to 4.4 per cent of the GDP in the current fiscal year on lower oil and gold prices, Bank of America Merrill Lynch (BofA-ML)said in a research note.
Nandita Gurjar, Sanjay Purohit and Gautam Thakkar among "potential exit candidates".
To provide exporters/importers greater flexibility in risk management, RBI enhanced the limit available to exporters to 50 per cent
Global growth expectations have slumped to a five-month low.
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
Godrej Properties, is on the horizon as it unlocks value in its high-value Bandra-Kurla Complex (BKC) project.
On Friday, the euro weakened to a near 14-month-low against the dollar, after the European Central Bank announced a fresh round of stimulus and promised more if required.
Dollar's strength and falling crude oil prices force downward revision of 2015 growth forecast.
Lower crude oil prices would impact India's inflation, CAD.
The sharp fall in rupee since the beginning of May will make things difficult for the central bank which is on the path of easing the monetary policy to revive growth.
What stocks will gain from a normal monsoon?
For growth sustain at these levels, private services need to recover.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
The rupee will largely remain stable but with a mild depreciating bias in the next one year
RBI policy surely cannot impact agflation, in any case.
Union Bank of India, United Bank of India reduced base rates.
Brokerage firm CLSA says in its interactions with government officials, measures such as the dollar-deposit scheme were under consideration.
There's need to address growth, but weak rupee putting pressure on prices.
The battered rupee gained 225 paise to 66.55 against the dollar today, the most in at least 15 years, after the Reserve Bank of India eased pressure in the currency market by starting a facility for state-run oil refiners to buy foreign exchange.
Adopting a wait- and-watch approach ahead of US Fed meeting
Equity strategists are basing their expectation on strong corporate earnings recovery, supportive global economic growth, and gradual improvement in business sentiment.
Analysts are expecting inflation to fall further in October and November on base effect. Inflation measured by consumer prices has been trending down for over four months, and came in at 6.7 per cent in September.
The company buys distressed assets across the globe and turns them around to not only add to its books but also its product pipeline and regions.
Gains in financial shares capped further downslide.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances