Nomura

Nomura remains bullish on OMCs despite high crude prices; prefers IOC, BPCL

Nomura maintains its bearish medium-to-long-term outlook on crude oil, citing the potential for the largest-ever global oil surplus in 2027E based on IEA forecasts.

Bajaj Finance: Why Nomura is bullish despite competition, regulatory risks

Bajaj Finance shares have gained 12.56 per cent so far in 2026 and 22.18 per cent in a year. On Friday, the blue-chip NBFC stock was trading flat.

Q1 earnings beat estimates; Nomura explains what could sustain momentum

Revenue growth at 17 per cent (excluding oil & gas, metals, and financials) reached a 12-quarter high, though this was offset by margin compression of 122 bps.

India builds long-life infra, but corrosion remains a costly weak link

A Nomura report estimates India's corrosion bill at ₹14.1 trillion a year, raising questions over whether infrastructure standards and maintenance practices are keeping pace with rapid asset creation

Corrosion costs India ₹14.1 trn annually; infra, energy worst-hit: Report

A Nomura report estimates that corrosion costs India ₹14.1 trillion annually, adding that better corrosion-management practices could potentially save the economy nearly ₹5 trillion every year

Nomura retains 'buy' on Uno Minda amid expansion plans, sees 33% upside

The company had been manufacturing seat recliners since 2022, but is now expanding to manufacture complete seating systems.

From Nomura to Emkay: Brokerages decode RIL 49th AGM fine print

RIL stock will re-rate on a continuous basis as key milestones of transition are achieved, starting with the JIO IPO and subsequently the commissioning of 10 GW integrated solar project, analysts said

Nomura raises March 2027 Nifty target to 25,900 on earnings strength

High oil prices and geopolitical risks remain key concerns, says brokerage

Nomura leases office space in Mumbai's Worli at ₹2.79 crore per month

Nomura has leased 38,478 sq ft of office space in K Raheja Corp's Altimus tower in Mumbai's Worli under a 10-year agreement with annual rental escalation

Have the markets overreacted to PM's austerity appeal? Experts decode

Experts believe the markets, which were already nervous owing to the West Asia war, may have overreacted to PM Modi's appeal for austerity measures given the sharp fall seen in the last two days.

PM Modi's savings appeal signals fiscal stress at tipping point: Nomura

Nomura says PM Modi's appeal to conserve fuel, avoid gold purchases and cut overseas spending signals rising pressure on India's fiscal and current account deficits amid West Asia war

Strait of Hormuz blockade impact: 2.3mbpd oil supply at risk, says Nomura

Iran, according to Nomura's estimates, has been the biggest beneficiary since the war broke out in terms oil revenues that rose 36 per cent y-o-y in March 2026 to $5.7 billion

Nomura flags 4 risks for PSU bank stocks; prefers Axis Bank, ICICI Bank

Global brokerage Nomura prefers private banks over PSU bank stocks, citing limited re-rating scope, weaker earnings quality, and high leverage risks among PSBs. It likes Axis Bank & ICICI Bank

Nomura downgrades India equities to neutral on oil, AI and inflow risks

Brokerage flags risks from elevated oil prices, slowing domestic inflows and India's weak positioning in AI, even as valuations remain stretched versus regional peers

RCB sale likely to fetch rich dividends for United Spirits shareholders

Nomura says United Spirits' plan for the IPL team could unlock a one-time payout for shareholders

Indian banks' margins to come under pressure as deposit growth lags: Nomura

Nomura has warned that bank margins may decline in FY27 as credit growth continues to outpace deposits. Rising CD ratio, falling LCR, and weak deposit growth remain key risks for the banking sector.

Nomura bets on AI-led NBFC growth; Piramal, LT Fin, Tata Capital rated Buy

AI could transform NBFC lending and drive faster growth, according to Nomura. The brokerage has initiated coverage on Piramal Finance, L&T Finance, Tata Capital and HDB Financial.

Nomura cuts India FY27 GDP forecast to 7% amid West Asia conflict

Tensions in West Asia, if sustained, could test the goldilocks mix of robust growth and stable inflation, Nomura said in a recent note.

FMCG stocks fall as rising commodity prices threaten margins: Nomura

Nifty FMCG index dropped 2.4 per cent today as commodity prices rise amid Iran war. Nomura warned that higher input costs could hurt margins of HUL, GCPL and Colgate Palmolive in Q1FY27

Nomura drops April rate-cut call on firmer inflation, RBI 'stealth easing'

Last week, Nomura had assigned a 65 per cent probability that ‌the Reserve Bank of India would cut its policy rate by 25 basis points to 5 per cent