BofAML Is Positive On Indian Equity Market Over 6 To 9 Months – ValueWalk Premium
Indian equity markets Sectoral Performance-1st year of Modi Govt

BofAML Is Positive On Indian Equity Market Over 6 To 9 Months

Thanks to weak earnings, Indian equity markets will give a flat to slightly negative return near term, but over the next 6 to 9 months, BofAML analysts remain positive.

Anand Kumar and team at Bank of America Merrill Lynch in their May 20, 2015 research report titled: “Year II: How to position” anticipate banks will be the key beneficiary of lending rate cuts.
Indian earnings to improve late 2015
According to the BofAML analysts, though the 1-year old Modi government has undertaken . . .

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