Nomura

Nomura cuts target prices for Axis Bank, SBI and BoB ahead of Fed meeting

Analysts at Nomura suggested that larger private banks are likely to experience a greater negative impact on their NIMs from the potential US Fed rate cuts compared to mid-sized & smaller banks.

Nomura expects RBI to pivot to rate cuts from Oct amid weakening growth

Data released on Friday showed India's gross domestic product (GDP) grew at a slower-than-expected pace of 6.7 per cent on an annual basis in the April-June quarter

Nomura lowers its FY25 economic growth forecast for India to 6.7%

Goldman Sachs and J.P.Morgan maintained their FY25 GDP forecast for Asia's third-largest economy at 6.5 per cent

Yen carry trade, US recession threat: How brokerages interpret developments

India, analysts said, remains in a relatively better position amid strong fundamentals. Though valuations remain a concern, investors can use markets correction to buy quality stocks for the long-term

Nomura eyes three US Fed rate cuts in 2024; RBI likely to go its own way

The brokerage firm in a recent report said that the US Federal Reserve may begin rate cuts as early as next month with a 25 bp cut in September, with following rate cuts in November and December of 25

Why markets said 'meh' during previous US Federal Reserve rate cuts

Starting valuations remain vital to performance

Ola Electric's IPO to attract investor bids from Fidelity, Nomura

Ola Electric's roughly $740 million IPO will open this week and will be the first by an Indian electric vehicle maker

Sona BLW: Why Nomura thinks auto component firm may surpass industry growth

The electric vehicle (EV) revenue accounted for 33% of total revenue. The company's order book expanded to Rs 23,300 crore in Q1FY25, from Rs 22,600 crore in Q4FY24.

Nomura upgrades Tata Motors to 'Buy', sees 26% upside; check new target

On the bourses, Tata Motors stocks were buzzing in trade after several brokerages raised the target prices. The stock rallied as much as 3.82 per cent to hit a fresh record high of Rs 1,067 per share.

Brokerages on board with Budget but for capital gains tax curveball

As markets sift the Budget's fine print, they'll also monitor Q1 earnings, monsoon trends, and global factors

Nomura picks BPCL as top OMC stock on attractive valuation; sees 21% upside

Analysts said BPCL reported a robust performance in the June quarter (Q1FY25) despite a challenging environment.

Income tax rate cut, sops for PSUs: Brokerage expectations from budget 2024

Expectations (as measured by pre-budget equity market performance), wrote analysts at Morgan Stanley in a note, are important in determining what the market does immediately after the budget

Pricing, unfavourable product mix likely to hit Asian Paints stocks

Some brokerages have reduced target prices after muted Q1 showing

Nomura says Aadhar Housing Finance stock is 'affordable', gives 'Buy' call

Nomura initiates coverage on Aadhar Housing: Nomura has given a target price of Rs 550 for Aadhar Housing Finance stock. It implies a 20.3 per cent upside

Nomura ups target price for Fortis, sees 12% upside; reiterates 'Buy'

The global brokerage firm maintained its 'Buy' call for Fortis Healthcare with an updated twelve month forward target price of Rs 547, a 12 per cent upside to Monday's close

TCS Q1 review: Analysts eye revival; cheap valuation to aid stock rally

TCS Q1 review: According to brokerages, the revenue led beat to estimates was broad based-with almost every vertical reporting sequential growth

Indian equity returns likely muted for remainder of the year, says Nomura

The Japan-based brokerage said the surge in retail flows into domestic mutual funds over the years has been driven by structural factors like under-allocation to equities

Ambuja Cements poised for highest volume growth: Nomura upgrades to 'Buy'

Japanese brokerage firm Nomura has upgraded India's second biggest cement company Ambuja Cements to Buy with a target price of Rs 780, an upside of 17 per cent

Sensex sees third fastest 5,000-point gain in history to reach 80,000 mark

The fastest 5,000-point rally for the Sensex was nearly three years ago (September 24, 2021) when the index hit an intraday high of 60,333 in a span of just 28 trading days

Nomura has high hopes from Infosys, Coforge ahead of Q1FY25 results

Given the bottoming out of revenue growth rate, analysts expect the earnings per share (EPS) downgrade cycle to come to an end for the sector