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

W1siziisijiwmtcvmdmvmdgvmdkvmzkvmtqvmzgxl3dvbwvuigluigj1c2luzxnzlmpwzyjdlfsiccisinrodw1iiiwimzgwedewmcmixv0

Dear 18-year-old me: It’s a woman’s world too

2017-03-08 09:00:00 +0000

With International Women’s Day being all about celebrating the cultural, economic, political and social achievements of women, it highlights the issue of women in technology, which remains a contentious one. Recent research from WISE, which campaigns for gender balance in science, technology and engineering, found that women only make up just 17 per cent of all IT professionals in the UK. Montash Recruitment Consultant Sadiye Booker has shared her exper...

W1siziisijiwmtcvmdivmtuvmtyvntivmjuvnzkwl2n5ymvyigf0dgfja3muanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

UK threatened by serious cyber attacks every ...

2017-02-15 16:00:00 +0000

The security of the UK has been threatened by 188 serious cyber attacks in the last three months, a government security chief has said. National Cyber Security Centre (NCSC) Chief Executive Ciaran Martin told The Sunday Times that national security was put at risk by many of these attacks. Martin was speaking ahead of the official opening of the NCSC, which has been set up to protect critical services in the UK from such attacks and improve underlying i...