Page 6 - Nomura

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

India Cements denies rumours of Rs 500 cr funding talks with BofA, Nomura

News report of funding talks emerged after UltraTech Cement announced its plans to acquire over 70 million shares in India Cements

Nomura raises Bharti Airtel target price post tariff hike, sees 14% upside

In the post-paid segment, tariff adjustments range from 10-20 per cent, with popular plans seeing increases of 10-13 per cent

Stable govt, policy continuity, Budget: Why Nomura is positive on India

The confidence stems from the NDA government taking charge at the Centre which, Nomura believes, appears to be stable, primarily due to the major number of seats held by BJP in the coalition govt

Election results: India's economic fundamentals remain robust, says Nomura

India's economic fundamentals remain robust, investment bank Nomura said on Wednesday after the results of the country's general elections paved the way for Prime Minister Narendra Modi's third consecutive term in office. Modi is poised to form the government for a third consecutive term with the BJP-led National Democratic Alliance (NDA) getting a majority in the Lok Sabha, notwithstanding crushing losses in three Hindi heartland states after a bitterly fought election that was projected as a referendum on his popularity. The Election Commission of India has declared results for all 543 Lok Sabha constituencies, with the BJP winning 240 seats and the Congress 99. "Our assessment is that India's economic fundamentals remain robust. Reforms in India have generally survived the test of politics and we expect the government to continue the pace of governance and administrative reforms, leaving states to work around the more intractable reforms around land and labour," Nomura said. Whi