Ubs Securities

Cautious on India despite looming liquidity tailwind: UBS' Sunil Tirumalai

Sunil Tirumalai, strategist, UBS Securities India, says India's high valuations and a depreciating rupee could act as headwinds for the domestic markets

UBS upgrades RIL scrip to Buy from Neutral, sees up to 30% upside in a year

According to UBS, the key among Reliance Industries' stock price performance drivers are new investment opportunities to deploy large cash flows profitably.

For FIIs, India becoming less and less attractive: Sunil Tirumalai

The recovery from lockdowns has been reasonably good without any big government stimulus, says Tirumalai

UBS revises India's GDP growth forecast to 9.5% from 8.9% for FY22

The Reserve Bank also forecasts 9.5 per cent GDP growth this fiscal while the average projection ranges from 8.5 to 10 per cent. The government projection is around 10 per cent.

Indian equities seen lagging other EM peers in the next few months

UBS, Credit Suisse see emerging markets doing well next year, but expect India to underperform, given its rich valuations

Caught between divulging views, HDFC Bank stock closes in the red

US-based Bernstein slashes rating to underweight, almost halves target price; UBS maintains positive stance

'Foreign investors have started questioning India's growth story'

There could be some pain in the next two-three quarters given how Covid-19 situation pans out

Coronavirus likely to impact India's March-qtr GDP growth by 0.2%: Report

Two cases tested positive for the coronavirus infection in India on Monday, after the initial set of three cases in Kerala were successfully treated

Strategic privatisation can fund fiscal needs for 15-20 yrs: Chhaochharia

The value of a strategic privatisation could easily be two to three times these companies' typical valuation

Despite surcharge rollback, near-term flows may remain muted: Chhaochharia

Gautam Chhaochharia, head of India research, UBS Securities, in an interview with Hamsini Karthik says the markets remain in an expensive zone despite the recent correction

Markets factoring in earnings growth of 15%, GDP can hit 9% by 2023: UBS

This growth in corporate earnings, UBS believes, can come about if the real gross domestic product (GDP) grows at 8 per cent-plus

UBS Securities estimates 0.5% fiscal slippage on stimulus, lower revenues

The government has already touched 96.1% of its full-year fiscal deficit

We are cautious on EMs in the short term: Geoffrey Dennis

Interview with Head of global emerging markets strategy, UBS Securities