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

W1siziisijiwmtcvmduvmjmvmtmvmjavmjkvndg3l3nodxr0zxjzdg9ja180mtqwnti1mdeuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

Their Shoes... Matthew Gilbranch, Managing C...

2017-05-23 15:00:00 +0100

Matthew Gilbranch (32) is a managing consultant here at Montash, managing the SAP team. With 7 years in the global recruitment industry, he loves helping people and building lasting relationships with clients and candidates alike. He took the time to talk to us about what a typical day is like in the global IT recruitment industry. "I get up at 6 and I'm out of the house by half 6 and on the train by twenty to 7. On the train I tend to have a power nap ...

W1siziisijiwmtcvmduvmdqvmtyvndavmzkvotg5l3nodxr0zxjzdg9ja181ndm0mduxmtuuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

7 Things About Your CV You Need To Fix Right ...

2017-05-04 18:00:00 +0100

As a global technology recruitment agency, we are in touch with candidates day in and day out. We've seen all kinds of CVs in our time and know a good one when we see it. As our recruitment team look to find the ideal candidate, they are looking for CVs that show how candidates can impact their clients in a positive way, not just look flashy on paper. You only have a small amount of space on your CV to show off your skills, so make every word count. Cut...