Bank Of America Merill Lynch

'Farm loan waivers to touch 2% of GDP in run-up to 2019 polls'

Analysts at Bank of America Merill Lynch said the Yogi Adityanath government's debt waiver of US $5 billion or 0.4 percent of the state GDP, will lead other states to follow such populist suit

Wall Street tests Blockchain technology for CDS transactions

Wall Street banks test out Bitcoin derived blockchain technology to keep track of CDS transactions

Trai call drop norms to hurt telcos earnings by 5%: BofA-ML

BofA-ML pointed out that under the licence requirement, a telco is not supposed to give 100 percent network coverage which implies that call drops will happen.

FII ownership of Sensex stocks at 8-year high

During the Jan-March quarter, FIIs were net buyers of Indian equities, while domestic mutual fund companies and state-owned insurer LIC were sellers, it said.

BofA Merrill downgrades Mahindra, Bajaj Auto to 'underperform'

Bank of America Merrill Lynch downgraded automakers Mahindra and Mahindra and Bajaj Auto to "underperform" from "buy" each, citing share gains since mid-2012 and valuations it considered "not compelling."

'Global investors bullish on equities as economy on growth path'

Global investors are assigning more funds to equities in the New Year as the global economy has regained the growth path, says a BofA Merrill Lynch Fund Manager Survey.

BofA Merrill upgrades PSU banks on rate cut, loan recoveries

Bank of America Merrill Lynch upgraded State Bank of India, Bank of Baroda , and Oriental Bank of Commerce to 'buy'.

BofA upgrades Tech Mahindra, Infosys on hopes of better earnings

Bank of America Merrill Lynch has upgraded Infosys and Tech Mahindra to 'buy' from 'neutral' citing improved revenue confidence and hopes of better earnings.

BoA-ML raises target price of Apollo Tyres; stock surges 5%

Shares of Apollo Tyres jumped 4.9 percent to Rs 98.20 after Bank of America-Merrill Lynch raised its target price to Rs 135 from Rs 115 , and maintained "buy" rating on the stock, in a report.

'Reforms, elections, rupee key factors to watch out for economy'

Events like raising foreign holding limit in insurance, local body and Assembly elections and the behaviour of rupee will be the key factors financial market will watch out for post-RBI policy review, a report by Bank of America-Merrill Lynch (BoAML) said.