BofAML Is Positive On Indian Equity Market Over 6 To 9 MonthsMani
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 . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.