Nomura prefers India over Korea; ups rating to overweight in Asia portfolio

The key standout for India, Nomura believes, is the solid consensus' earnings revision trends. Alongside a focus on reforms and measures to attract foreign direct investment (FDI) flows.

File photo of the logo of Nomura Securities is seen at the company's Head Office in Tokyo, Japan. (Photo: Reuters)

India’s recent budget aims to prioritise fiscal spending/growth over medium-term fiscal commitment, opines Nomura

New Delhi
The fear of missing out (FOMO) on the growth opportunity, it seems, is driving foreign investors to Indian shores. A day after Credit Suisse upgraded its stance on India to

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First Published: Feb 18 2021 | 9:03 AM IST

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