UBS Securities bullish on equities, sets Nifty target at 8,000...

Gautam Chhaochharia Head, research, UBS Securities India A lot of investors have expressed reservations about the index, putting it down to hype. Cynicism around promises of change is understandable, given how hope stories have fared in other ...

The Securities and Exchange Board of India (SEBI) has approved the joint open offer for Mangalore Chemicals and Fertilizers (MCF) by Zuari Agro Chemicals and the UB Group, Business Standard reported today . The move will come as a breather for ...

Market regulator Sebi or Securities and Exchange Board of India has given its go-ahead to two rival bidders who have made offers for acquisition of additional stakes in Vijay Mallya-led UB Group's Mangalore Chemicals and Fertilisers Ltd (MCFL). ...

About 9% of India's power capacity of 2,45,393.54 megawatts (MW) is fuelled by gas and 59% by coal. Photo: AFP The future of India's energy sector remains clouded by sputtering investments in power, hydrocarbons and coal mining at home and ...

According to Gautam Chhaochharia, Head-India Research at UBS Securities, Bajaj Electricals, Kajaria Ceramics, Blue Star and UPL are top picks.

Brokerage firm UBS Securities on Wednesday said it expected recovery at Infosys with founder N R Narayana Murthy at the helm to take longer than expected. The Zurich-based brokerage house also downgraded its rating on shares of India's second biggest information technology company to 'sell' from 'buy' and reduced the target price by about a third to Rs 2,750. Reacting to the development, shares of Infosys on Wednesday fell three per cent on the BSE, ending at Rs 3,064.45 and dragging down the ...

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With the change in government, there was some initial scepticism on the future of what we call €India€s 3 Arrows€?, namely 1. Aadhaar - unique identity program 2. GST -tax reforms and 3. DFC/DMIC - Dedicated Freight and Industrial Corridors ...

Some investors view the market rally in India as only about Modi, ignoring the likely cyclical (albeit mild) recovery. "Our regular review of high frequency data (economic, corporate, surveys) indicate some pickup in economic activity, albeit in ...