Early in the year when the Nifty was trading at about 7,200, Nomura put out a note saying it expects Nifty to rise 15 to 25 percent in a year (8,200-9,000). With the benchmark having risen about 8 percent already, Prabhat Awasthi, Head of Equities and India MD, Nomura, feels confident that the targets will be taken out.
first published: May 13, 2016 10:50 am
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