Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Sensex to touch 22,000 mark in 2014: BNP Paribas Securities

11/12/2013 by

W1siziisijiwmtqvmtavmjgvmtuvntivntevmte5l2zpbguixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0

BNP Paribas Securities sees the benchmark Sensex touching 22,000 mark in 2014, even as it cautioned over the earnings estimates in medium term.

“In the medium term, we remain cautious about earnings estimates and relative valuations. Earnings downgrade cycle is not yet over and we are in the final stages of earnings decline,” said BNP Paribas Securities India Asia Pacific Strategist Manishi Raychaudhuri.

“We see Sensex to touch 22,000 in 2014. The out-performance of the Indian market could continue for some more time because the euphoria about local developments is for the time being, taking precedence over global concerns,” Raychaudhuri said.

“We believe that Asian ROEs are likely to improve in 2014, albeit marginally. Recovery could be driven by China, HK, India, Malaysia and Philippines among countries and industrials, consumers and financials among sectors,” he said.

This article has been extracted from http://businesstoday.intoday.in

To read the article in full please follow this link. http://businesstoday.intoday.in/story/sensex-to-touch-22000-mark-in-2014-bnp-paribas-securities/1/201388.html

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtcvmdevmtgvmdkvmtqvmzmvmzk5l0vsuc5qcgcixsxbinailcj0ahvtyiisijm4mhgxmdajil1d

Sage bolsters X3 business ERP solution

2017-01-18 09:00:00 +0000

Sage, one of the global leaders in enterprise resource planning (ERP) solutions, has revealed that it has signed up a trio of new clients to its X3 business solution. With the Salesforce.com partner wanting to be able to show its ability to host larger clients, the firm revealed that BrightBridge, Atlas Cloud and CLOUT are all now utilising the new and emerging X3 ERP platform. Sage Vice President of UK Enterprise David Watts talked about the latest agr...

W1siziisijiwmtcvmdevmtcvmtavmzcvmzevmjq2l0nsb3vkighlywx0agnhcmuuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

Cloud computing making its mark in healthcare

2017-01-17 10:00:00 +0000

The cloud computing sector has grown quickly, and businesses in various sectors have been quick to take advantage of its many benefits to improve services. One such market is the healthcare industry, which has been able to improve diagnosing and enhance treatment methodologies as a result of new technologies over the past decade. Cloud technology is helping one area in particular – the healthcare of people living in remote locations who would not ordina...