Moneycontrol PRO

budget

Market cheap on yield basis; near-term downside limited: Nomura

A fall in yields has resulted in stocks looking cheaper than bonds for the first time in eight years, says Prabhat Awasthi, Head of Equities & MD – India at Nomura Financial Advisory & Securities.

first published: Dec 5, 2016 10:36 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347