The rapid increase in the number of new Covid-19 cases and restrictions on activity are affecting economic recovery
Goldman Sachs analysts now see the Nifty at 16,300 levels in 12 months (16,500 earlier). However, they have retained their 'overweight' stance on India for now
Besides India, experts say given the robust broad-based economic recovery, FIIs/FPIs can look towards China. Other emerging markets, they say, are yet to recover from the pandemic-induced sluggishness
Nomura GDP forcast: Repricing of emerging market (EM) risk premium, Nomura said, could expose vulnerabilities in Indonesia, India and the Philippines
TCS Q4 Preview: Analysts expect TCS to report a 9 per cent year-on-year (YoY) growth in revenue (in rupee terms) for the March quarter
Markets, Nomura believes, are dealing with three headwinds - the resurgence of Covid-19 cases; inflationary pressure with the rise in commodity prices; and rich valuations
Gaps in recovery have been surfacing after the resurgence in new cases due to Covid-19 second wave, but the moderation in the pick-up seems to have begun well before.
Earlier in December 2020, he raised exposure to Indian equities twice in this and reiterated his bullish on cyclical sectors as economic indicators showed improvement
Japan is looking into the financial losses incurred by MUFG and Nomura through deals related to an unnamed US client, and will gather and share information on the matter with the Bank of Japan
Formerly, known as Tata Global Beverages, Tata Consumer is currently undergoing a transformation to become a multi-category FMCG company from a food and beverage (F&B) company
Investors tallied the fallout from Archegos Capital's dramatic meltdown, with Nomura and Credit Suisse shares losing a collective $9 billion while heightened scrutiny of the hedge fund industry loomed
Archegos's debacle triggered a record 16% drop in Nomura's shares on Monday, wiping $3.5 billion from its market value
Japan's largest bank warned of a potential $300 million loss related to a US client, a hit that's linked to Archegos, a person familiar with the matter said
The Swiss bank expects its loss tied to the implosion of Archegos Capital Management to run into the billions, according to people with knowledge of the matter
Archegos implosion: Regulators must ask some serious questions
Nomura and other investment banks may lose more than $6 billion after lending to Archegos Capital, a US investment firm run by former Tiger Asia manager Bill Hwang
Goldman U-turn put Bank on verge of margin call
The Swiss bank said that a fund had "defaulted on margin calls" to it and other banks, meaning they were now in the process of exiting these positions
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Nomura shares closed down 16.3% while Credit Suisse shares were opened down 10%