Bank Of America Merrill Lynch

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  'Bonds Are Back', For A Little While, At Least: Bank Of America

  The $6.3 billion inflow into bond funds in the week to Wednesday follows a torrid year for fixed income funds which saw $93 billion of redemptions, the largest outflow since 2008.

• BofA-ML's Favourite Banking Stocks to Ride Modi Optimism

  In the private bank segment, its top picks remain ICICI Bank, Axis Bank and Yes Bank whereas in the PSU segment Bank of Baroda, Punjab National Bank and State Bank of India.

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  BofA-ML Cuts FY17 Growth Forecast To 6.9% Amid Demonetisation

  India's GDP accelerated to 7.3 per cent in the September quarter, pushed mainly by farm output, although the momentum may be hit in the coming months owing to demonetisation.

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  Income Disclosure Scheme-II To Fund Pay Commission Hikes: Report

  According to Bank of America Merrill Lynch (BofA-ML), the second income disclosure scheme (IDS-II) will fetch about Rs 1,000 billion (Rs 1 lakh crore)/0.7 per cent of GDP in additional taxes.

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  Sensex Set to Double in 4 Years: Bank of America

  The markets may correct about 5 per cent over the next 2 months but in the long-term the outlook remains bullish, the global brokerage firm said, adding that buying in dips is a "compelling strategy".

• Reserve Bank to Hold Rates on September 30, May Cut in February: BofA-ML

  The Reserve Bank of India (RBI) is likely to hold the key interest rate in its policy review meeting later this month and is expected to lower it from February, Bank of America Merrill Lynch has said in a report.

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  Sensex Rises Over 1 Per Cent on Infra Boost

  The BSE Sensex rose over 1 per cent on Wednesday, gaining for the second consecutive session, as lenders and infrastructure-related companies such as IDFC Ltd surged after the Reserve Bank of India (RBI) exempted long-term bonds raised for the sector from reserve requirements.

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  RBI to Continue Increasing Forex Reserves Cover: BofA-ML

  The forex reserves touched $320.564 billion in the week to July 25, a tad below the all-time high of $321 billion in September 2011.

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  Too Early to Give Up on Global Bull Market: Experts

  Add in expectations the US Federal Reserve will raise interest rates next year for the first time since 2006, and concerns that the US stock market has gone too long without a correction, and it isn't surprising to see the glass half-empty crowd emerging from a long hibernation.

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  Bank of America, UBS See RBI Cutting Interest Rates From Next Year

  American brokerage Bank of America Merrill Lynch today said Fed action will have no impact on the monetary stance of the Reserve Bank in cutting rates to the tune of 75-100 basis points starting January next, even if Fed chair Janet Yellen hikes (rates) from September 2015.

• Wall Street Week Ahead: Don't Leave Small-Cap Stocks for Dead, Say Experts

  There are many reasons for the sharp underperformance of small-cap stocks in the past six weeks, but the recent correction may be winding down, which means investors worried about a broader selloff might be able to breathe more easily.

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  Covid-19 Remains Top Risk For Fund Managers, Says BofA Survey

  Global fund managers continue to expect this as the key risk to global markets.

• StanChart, BofA and ANZ Are Hiring India’s Senior Traders From Rivals

  Parul Mittal Sinha and Vaneet Gupta will join Standard Chartered.

• It’s China Slowdown — Not the Trade War — Investors See as the Bigger Risk

  Slower growth in China the biggest concern, replacing trade war risks which had topped the list for nine straight months: Survey.

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  Real Estate Stocks Rise On GST Boost As Brokerages See Pick Up In Sales

  Brokerages said that the rate cut won’t benefit all real-estate developers equally.