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BofA ML sees Sensex earnings per share at Rs 1,260 for FY'14

Last Updated: Wednesday, July 3, 2013, 17:54

Bank of America Merrill Lynch Wednesday said it expects earnings per share for BSE benchmark Sensex to fall to Rs 1260 for the current financial year (FY14) and sees stock markets trading in a range-bound manner.

'RBI may cut CRR, postpone repo rate cut till rupee stabilises'

Last Updated: Tuesday, July 2, 2013, 16:23

The Reserve Bank of India may cut cash reserve ratio (CRR) by 0.25 percentage points in its review later this month to revive growth, a report by Bank of America Merrill Lynch said on Tuesday.