Tuesday, 27 January 2015

Free Stock Market Trading Tips By Marketmagnify

India's Kotak Mahindra Bank falls 1.1 pct.HSBC downgrades stock to "neutral" from "overweight".Merger between Kotak and ING Vysya should be value-accretive but valuations reflect higher Street expectations from merger - HSBC.

Stock trading at 62 pct premium to its own 3-yr average - HSBC.There could be larger integration challenges than what Street expects - HSBC. In November, Kotak agreed to buy ING Vysya in record $2.4-bln share deal.

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