Foreign brokerage JP Morgan cut its price target for PSU banks by 10% and downgraded Bank Of India to ``Underweight'' as wage inflation and mortality assumptions raise the risk of future provisions.
48352
JP Morgan downgrades Bank of India to 'Underweight'
133175
JPMorgan profit falls 4 per cent
137739
Jefferies downgrades Qiagen to Hold
1993
Morgan Stanley maintains 'underperform' rating on SBI
126153
Interest rates tipped to be slashed
9633
Deutsche Bank downgrades oil and gas companies
39750
Prices of petroleum products slashed
93293
S&P cuts ratings of major US mortgage insurers
77094
State bank of India cuts base rate by 5 basis points
112065
BSP cuts banks' reserve requirement
110109
Bank of Japan cuts interest rates
62571
Jp Morgan upgrades Indian stocks to overweight
10972
Citigroup lowers price target on JC Penney Company (jcp)
56455
Sensex trades lower;
76045
Interest rates cut by Reserve bank of Australia
19901
European interest rates cut.
15408
Foreign reserves hit lowest level