LIVE MARKET UPDATE

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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