Page 3 - Bofa

Indian stock valuations are somewhat less attractive, says David Jones

India is more fortunate than other EMs, as it is less dependent on imported capital, says Jones

Bitcoin is the most crowded trade globally, says BofA Fund Manager Survey

Inflation is now counted as the biggest risk for markets with 35 per cent of FMS investors agreeing to this, followed by taper tantrum (27 per cent) and asset bubble (15 per cent)

Markets to look beyond second Covid wave, say analysts; bet on cyclicals

BofA Securities has cut his positioning towards defensives by downgrading Staples to neutral weight and trimming their overweight positioning for the information technology sector

Taper tantrum, inflation surpass Covid as top market risk: BofA survey

An overwhelming 93 per cent of FMS investors expect higher inflation in the next 12 months

India to become third-largest economy in a decade: BofA Securities

The demographic dividend, growing financial maturity, and the emergence of mass markets work in favour of India, say BofA economists

India to emerge as world's third largest economy in 2031: BofA Securities

Covid-19 to push back this feat by three years. BofA had earlier projected this in 2017 and had expected the Indian economy to achieve this status by 2028

Demand-driven rise in crude oil prices is good for equity markets: Analysts

From around $35 a barrel on March 13, 2020, Brent oil prices have jumped 91 per cent to around $67 a barrel now

31 of Nifty50 firms exposed to commodity-related risk: BofA Securities

Among sectors with high exposure, raw materials comprise 57% of sales for the discretionary sector, according to BofA's estimates

Rebound in petchem, retail business to drive RIL Q3; JioMart road map eyed

JPMorgan would focus on Reliance Industries' management's commentary on Jio Platforms, and Jio Mart rollout

Limited upside in markets; Nifty to be at 15,000 by Dec: BofA Securities

Markets have rallied by 80 per cent since April after a heavy 40 per cent correction following the announcement of the Covid-19-related restrictions

BofA, CLSA think Axis, IndusInd Bank are ripe for re-rating; here's why

Analysts at BofA Securities have upgraded Axis Bank, IndusInd Bank, and State Bank of India (SBI) on a "surprisingly" resilient asset quality outlook, and reasonable valuations

Jio postpaid plans: BofA, CLSA think its not a threat to Airtel; here's why

CLSA believes that new Jio postpaid plans are bundling three leading OTTs, but with no content exclusivity, can be matched by incumbents like Bharti Airtel

BofA Securities, Credit Suisse, Goldman Sachs see more upside for equities

A BofA September Global Fund Manager Survey for September suggests that 58 per cent of those surveyed say the market is in a bull-phase - up from 25 per cent who believed so in May.

BofA Securities bets on RIL's 'layer of commerce', maintains 'BUY'

RIL's approach of owning the "pipe" as well as the "services" offered on the pipe should help it keep the subscriber base captive, the brokerage says.

Global funds remain more overweight on India than APAC: Amish Shah

Amish Shah, India equity strategist at BofA Securities says that his firm expects the markets to consolidate in the near term

Going long on gold second most crowded trade globally, says BofA Securities

Among those surveyed, 46 per cent believed equity markets are in a bull phase, while a net 79 per cent expect a stronger global economy over the next year

Changing times: Social puts the zing into e-commerce in tier-2, 3 cities

Investors pouring big bucks into social commerce to tap India's large lower income group market

Monetary policy: Here's why RBI may go for rate cut on Thursday

BofA says the RBI will not only cut rates now, but will follow it up with another 75 bps cut in rest of the financial year 2020-21 (FY21)

RBI likely to slash policy rates by 100 bps in FY21: BofA Securities

That apart, they expect the government's overall fiscal deficit to rise

Byju's trumps rivals as Covid-19 fast-tracks ed-tech growth in India

Lockdown saw huge rise in the number of page views, new users