Page 3 - Bnp Paribas

BNP Paribas sees Sensex at 50,500 in 2021; remains overweight on India

A common thread running between China and India, BNP Paribas said, is the focus on some long-range economic plans - targeted at boosting consumption in China and on supporting investments in India

Large companies to grow larger amid Covid-19 pandemic, says BNP Paribas

Despite taking a hit on profitability amid the pandemic, companies with strong balance sheets are gaining market share because of consolidation in their respective sectors

Credit Suisse Group taps BNP Paribas bankers for India wealth push

Credit Suisse is on a hiring spree in markets from China to Southeast Asia as it seeks to tap more business with rich Asians and boost revenue in the region

Most global investors cautious of equities after sharp rally: Raychaudhuri

Manishi Raychaudhuri, head of Asia Pacific equity research, BNP Paribas, tells Puneet Wadhwa the reason for India being such an FII favourite is the breadth of stocks and sectors that market offers

BNP Paribas lists 8 large domestic stocks with potential to beat Sensex

BNP said these companies are benefitting either through cost savings by the adoption of work from home (WFH) or by higher revenue growth

European banks face indigenous calls to end Amazon oil trade: Report

Fears over the impact of oil extraction in the Amazon were heightened in April when a pipeline ruptured, depriving 27,000 indigenous people of their main water source

BNP Paribas decides to shut down onshore wealth management business

The entity said the move is driven by strategic reasons, wherein it wants to focus on businesses like corporate and institutional banking, and cannot be linked to the Covid-19 crisis

SBI to dilute 2.1% stake in SBI Life Insurance via offer for sale

SBI is expected to mop up almost $202 million via the share sale.

Sell-off in banking and financial stocks drags benchmark indices down

The Bank Nifty declined 2.6%, with several big names posting losses in excess of 4%

Economic cost of lockdown is quite severe; market to remain volatile

A lockdown of 45 days means loss of close to $400-450 billion of productive output on the economy

Planning to subscribe SBI Cards IPO? Here's all you need to know

Unlike others of its kind, the subscription window for the IPO will remain open for 4 days, which will be from March 2 to March 5

Citi, Credit Suisse, other banks curb Italy trips amid coronavirus: Report

The curbs come as coronavirus infections have soared across northern Italy over the past few days, causing seven deaths and nearly 300 cases

Indian IT, telecom safe-haven bets amid coronavirus scare: BNP Paribas

Among the Asian economies, the ensuing decline in trade and tourism could impact Thailand, Singapore, Malaysia and Korea the most - in that order, and Indonesia and India the least

BNP Paribas looking for more opportunities to expand franchise in Europe

BNP Paribas' strategy is to increase its corporate and institutional client base

Fund that beat 96% of its peers counts financial stocks as its biggest bet

In 2018, India's household debt-to-GDP was at 11%, versus 76% in the U.S. and 54% in China, according to International Monetary Fund data.

BNP Paribas expects 9% growth for Sensex in 2020 amid economic concerns

It expects the 30-share BSE Sensex to be 44,500 points by the end of the year

Why BNP Paribas expects markets to soar despite poor economic indicators

BNP Paribas has set a target of 44,500 for the S&P BSE Sensex, a bellwether index

BNP Paribas, Credit Suisse sound a note of caution on record market run

Asia's third-biggest economy probably grew 4.6 per cent last quarter, which would be the slowest since the first three months of 2013, according to a Bloomberg survey ahead of Friday's data release

SBI Life slumps 6% as Carlyle Group sells share worth Rs 2,814 crore

The PE firm had acquired the stake in March from BNP Paribas for Rs 5,445 crore

Too early to say that financial sector is out of the woods: M Raychaudhuri

Present liquidity-driven rally does generate some concerns about the market moving ahead of fundamentals, says Raychaudhuri