In a move, the brokerage has included three prominent stocks, Sun Pharmaceutical Industries Ltd, Bank of Baroda, and Hindustan Unilever, in its Emerging Markets (EM) Model portfolio.
Nageswaran said, “The Indian government bond market is the third largest among emerging economies after China and Brazil. But we all know that the following ownership is currently less than 2 per cent, one of the lowest compared to other emerging markets”.
Chief Economic Advisor V Anantha Nageswaran said, “We welcome this development. JP Morgan has made this decision on their own. It attests to the confidence that financial market participants and financial markets, in general, have on India’s potential and growth prospects and its macroeconom
The launch of the low-cost 'Jio Bharat' smartphone by Reliance Jio is expected to raise the telecom major's market share at the lower end of the market, said JP Morgan.
US-based First Republic Bank was closed on Monday (local time) by the local regulators and entered into an agreement with JP Morgan Chase Bank to purchase and assume all deposits and assets of the troubled bank in a bid to protect depositors.
Mumbai (Maharashtra)/ New Delhi [India], March 27 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Goldman Sachs (India) Securities Private Limited (Goldman Sachs), J.P. Morgan India Private Limited (JP Morgan) and Morgan Stanley India Company Private Limited (Morgan Stanley); (co
The financial services company said it sees continued strength in refining business, a likely rebound in petrochemicals (petrochem) spreads from decadal low levels from China re-opening, and volume growth in exploration and production (E and P) - driving earnings growth.
Riyadh [Saudi Arabia], March 7 (ANI/NewsVoir): Leaders of some of the largest financial companies in the world will be among the keynote speakers and participants at the second edition of the Financial Sector Conference (FSC 2023) held in Saudi Arabia next month.
Recently, other top brokerage firms such as JP Morgan, Morgan Stanley, Goldman Sachs, Dolat Analysis and Research Themes, and CITI extended their confidence in Paytm's strong performance with 'Buy' ratings.
Islamabad [Pakistan], July 12 (ANI): Pakistan, which is reeling under high inflation, sliding forex reserves, widening current account deficit and depreciating currency, is bracing for the worst economic woes due to the prolonged Russia-Ukraine conflict.
Mumbai (Maharashtra)/New Delhi [India], May 12 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised the Book Running Lead Managers (BRLMs), Kotak Mahindra Capital Company Limited, JP Morgan India Private Limited and IIFL Securities Limited in relation to the INR 1581 crore Initial Public Off