Nomura

Nomura said a tariff hike could provide a one-time boost to Gail India, with an integrated tariff increase of over 20 percent could potentially surprise investors on the upside.

Nomura sees GST rejig boosting defence, renewables, solar sectors

GST cuts to lift defence procurement, renewables, and machinery, boosting the capital goods sector, noted Japan-based brokerage Nomura.

India's FY26 GDP growth to slide to 6.2 pc: Nomura

As per the official data released last week, the real GDP growth came down to 6.5 per cent in FY25 from 9.2 per cent in FY24.

Nomura sees Nifty at 24,970 by March 2026, backs domestic themes amid tariff headwinds

Nomura said Indian equity markets have shown resilience in the face of global disruptions, and the market is now anticipating the possibility of trade agreements between the US and several countries in the near future, including India and Vietnam.

Nomura upgrades Shree Cement shares to 'buy' on improving utilization; stock rallies 4%

Nomura expects better volume growth for Indian cement players in FY26 versus FY25, and Shree Cement is likely to be a beneficiary of higher demand.

Nomura forecasts a modest 4% upmove in Nifty 50 by year-end

While Nomura does expect a cyclical recovery, the firm warns of near-term earnings growth challenges and advices investors to be selective amid market fatigue.

FMCG valuations reasonable, says Nomura, time to buy HUL, ITC, Marico

A Nomura note said competitive intensity from D2C brands may ease and quick commerce could act as a tailwind to spur demand for the FMCG players.

Capex cycle in India not yet on durable, self-sustaining path: Nomura

The size of new investment projects announced remains low by historical standards, wrote the economists

Cement prices continue to climb in early 2025, regional trends mixed: Nomura

While demand growth remains uncertain, dealers across all regions, except the south, expect further price hikes in January

Brokerage Radar: Jefferies downgrades Zomato, Citi bullish on IGL, CLSA bumps up rating on ONGC

Check out the latest brokerage calls and analyst comments on the stocks in action today. Our coverage includes IGL, Titan, ONGC and more.

SBI Cards shares rise as two brokerages see potential bullish triggers

Nomura expects credit cost to be about 9% in FY25F, while Nuvama upgraded SBI Cards share price target to Rs 850, an upside of 14%

Final binding bids for Avendus Capital come through

Nomura has bid for complete acquisition of Avendus Capital, while bids from Mizuho and other interested investors expected later this week, sources have told Moneycontrol

Nomura, Morgan Stanley set to roll out currency market services in India

Over the past couple of years, Morgan Stanley and Nomura have been building systems to comply with the Reserve Bank of India’s strict reporting norms, the people said.

Rupee weakness will not deter India cenbank from cutting rates, Nomura says

Nomura is one of the five economists surveyed in a Reuters poll that expect the RBI to lower rates by 25 basis points

Nomura bullish on India's T&D sector amid multi-decade growth prospects, surging electricity demand

Nomura said that India's power transmission sector is ready for significant growth, driven by surging electricity demand and ambitious renewable energy capacity addition targets.

Festive consumption growth halved in 2024, says Nomura

While festive demand remained steady in rural areas and tier-2 and tier-3 cities, metros and industrial demand was "weak", leading to "mixed" overall festive consumption trends, Nomura added

Nomura woes deepen with trading scandal, attempted murder arrest

The drumbeat of bad news is likely to overshadow financial results on Friday

Brokerages ride Hyundai Motor India with Buy calls from Motilal, Nomura on listing day

Nomura has initiated a Buy call with a target price of Rs 2,472 on Hyundai Motor India, and said that it sees the trend of premiumisation in Indian car industry drive high-quality growth at HMIL.

Mizuho leads race for acquiring Avendus, but other options remain in play

Avendus Capital co-founder Gaurav Deepak is putting together a counteroffer to challenge Mizuho and Nomura’s preliminary bids, but valuation differences and unclear exit paths for potential investors may hinder his efforts.

Nomura initiates ‘buy’ call on HDFC AMC, NAM, bullish on rising retail participation

Currently, mutual fund assets under management in India account for only 18 percent of GDP, while the global average is 65 percent.

Indegene shares rise over 4 percent, Nomura initiates coverage on stock with 'Neutral' rating

Nomura's highlighted Indegene's strong management team, robust industry analyst rankings, and a well-balanced approach to mergers and acquisitions (M&A).

Nomura jumps into fray to acquire Avendus in a shift of role from adviser to bidder: Report

Initially appointed the sell-side adviser for the deal, Nomura has emerged a third potential buyer for the homegrown investment bank. It will be up against Mizuho and Carlyle

Macrotech Developers stock gets Nomura’s buy; strong growth, 30% upside seen

Nomura has given Macrotech Developers a buy rating with a target price of Rs 1,600 per share, anticipating a 30 percent upside driven by solid growth forecasts and strategic acquisitions.

India's electronics manufacturing at 'inflection point', may quadruple by 2030, says Nomura

The analysts added that the government’s push to encourage domestic manufacturing, led by multiple Production Linked Incentive (PLI) schemes remains the key enabler

India's GDP growth expected to be 6.7% YoY in FY25, lower than RBI's forecast of 7.2%: Nomura

The brokerage analysts studied vehicles sales growth figures, to track cyclical growth, and stated that the numbers disappointed for July and August