#bofa-securities
Nifty earnings growth slashed to 8.5% from 14%; no comfort in valuations still: Amish Shah
BofA Securities warns Indian equities face rich valuations and halved earnings growth outlook, projecting market gains to mirror profit expansion. Elevated valuations over emerging market peers and domestic bonds suggest limited upside, with returns likely in…
BofA Securities settles insider trading case with Sebi
BofA Securities India has settled a case with Sebi for alleged insider trading violations by paying ₹58.5 lakh. The market regulator had issued a show cause notice last year, alleging the merchant banker failed to maintain a structural digital database (SDD) …
India's April consumer inflation likely rose to 3.8% as higher fuel costs weigh
“We expect April headline inflation to tick up...on higher food and some pass-through of higher global energy prices,” said Rahul Bajoria, head of India and ASEAN economic research, BofA Securities