BNP Paribas upgraded India to ‘overweight’ from ‘neutral’ on April 1 and also raised its December-end target for Sensex to 42,000 from 40,000 earlier, which translates into an upside of little over 8 percent, citing stability in earnings and fund flows.The global investment bank downgraded India from overweight to neutral in June 2018 on concerns about downward earnings revisions, likelihood of currency depreciation amid increasing oil prices and unjustifiably high premium valuations relative to Asian peers.For More Information Please Visit : www.dollaradvisory.com And Call Us :+91 9111-179961BNP Paribas upgraded India to ‘overweight’ from ‘neutral’ on April 1 and also raised its December-end target for Sensex to 42,000 from 40,000 earlier, which translates into an upside of little over 8 percent, citing stability in earnings and fund flows.The global investment bank downgraded India from overweight to neutral in June 2018 on concerns about downward earnings revisions, likelihood of currency depreciation amid increasing oil prices and unjustifiably high premium valuations relative to Asian peers.For More Information Please Visit : www.dollaradvisory.com And Call Us :+91 9111-179961
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