Page 15 - Nomura

Coronavirus impact: Nomura lowers 2020 GDP growth forecast to -0.5%

"We expect growth to slide from 4.7 per cent YoY in Q4CY19 to 3.1 per cent in Q1CY20 and fall to -6.1 per cent in Q2CY20," said Sonal Varma, MD and chief India economist at Nomura.

YES Bank rescue plan: How brokerages have interpreted the proposals

Macquarie has suggested that taxpayers will the biggest casualty in the government-approved bailout plan for YES Bank

Nifty earnings impact due to COVID-19 less than 5% for FY21: Nomura

Tiles, textiles, chemicals and APIs sectors stand chance to gain market share from their Chinese competitors. These sectors, according to Nomura, constitute 8-10% of FY21 Nifty EPS consensus estimates

Planning to subscribe SBI Cards IPO? Here's all you need to know

Unlike others of its kind, the subscription window for the IPO will remain open for 4 days, which will be from March 2 to March 5

Citi, Credit Suisse, other banks curb Italy trips amid coronavirus: Report

The curbs come as coronavirus infections have soared across northern Italy over the past few days, causing seven deaths and nearly 300 cases

Nomura finding its feet in Asian investment-banking venture after setbacks

Cost cuts and fees from financing will drive the profit rebound in the year ending March 31, said Kenji Teshima, head of i-banking for Asia

India appears better mkt amid coronavirus scare: Nomura's Saion Mukherjee

India is relatively better than some other markets exposed to stuff like tourism, says Saion Mukherjee

Nomura downgrades Indian equities from 'overweight' to 'neutral'

Says there are few signs of meaningful economic recovery

Brokerages see global growth picking up next year, stay cautious on India

On a financial year basis, Nomura expect GDP growth of 4.7% in FY20 and 5.7% in FY21, suggesting a delayed recovery and below-potential growth through end-2020

ICICI Bank gains 3%, hits new high as brokerages raise target price

Foreign brokerage UBS raised its target price for the stock to Rs 620 from Rs 570, while Nomura raised the target to Rs 645 from Rs 610

Nomura's joint operations chief to be new CEO, Nagai to become chairman

The reshuffle was announced on Monday as Nomura posted its strongest quarterly profit in more than 17 years

IT stocks drop as brokerages raise concerns; Nifty IT index falls 2%

IT stocks currently trade at a 7 per cent discount to Nifty

Why economists watered down India's July-Sept growth estimate to 4.2-4.7%

State Bank of India (SBI) joins global agencies such as the ADB, World Bank, OECD, RBI and the IMF in downgrading India's FY20 growth rates

Nomura slashes India's FY20 GDP forecast to 4.9% from 5.7% earlier

While there have been a rash of growth estimate cuts, including a 0.70 percentage points reduction by the RBI last month to 6.1%, the Japanese brokerage's estimate is so far the lowest

August economic activity worse than 2008 financial crisis, says Nomura

GDP growth in Q2 may dip below 5%; full-year forecast of 6% gets riskier, it says

144 stocks trade at over five-year low; Nomura lowers Nifty target

Given the economic slowdown, analysts see more downward revisions in corporate earnings over the next few quarters.

GDP growth to slow in Apr-Jun quarter to 5.7% on weak consumption: Nomura

India's economic growth slowed to 6.8% in 2018-19 - the slowest pace since 2014-15

Nomura sees Nifty hitting 12,900 by March 2020, up 11% from current levels

Returns are more likely to come from specific firms which are poised to do well rather than a uniform, market-wide surge

Infosys vs TCS: Which stock is a better bet at the current levels?

Post the results, most brokerages have revised their price targets for both these stocks.

Here's why Nomura raised its Nifty target for March 2020 to 12,900

The brokerage has re-rated the Indian market, saying the softening of bond yields and steps taken to tackle the crisis at NBFCs will help valuations