Latest Updates Around The World
Nomura no longer expects India’s central bank to cut interest rates in April, it said on Friday, as inflation is expected to rise and given the “stealth” policy easing that has already taken place. This comes after India released data on consumer price inflation on Thursday under a new series that changes the weighting of […]
Shares of Titan Company can rise to 26.5% of the current level, according to the international broker Nomura, who has initiated coverage on the shares with a ‘buy’ rating and a target price of RS 4,275 per share. Nomura believes that Titan is well placed to take advantage of the rapid growth in India’s prosperous […]
Nomura has repeated his bullish attitude towards the steel sector of India, with reference to a strong domestic demand and supporting global signals and called JSW Steel and Jindal Steel as top choices. The Brokerage increased its target price on JSW Steel to RS 1,300 from RS 1,220 and on Jindal Steel to RS 1,150 […]
Inflation may be on recent lows, but the most important economist of Nomura for India and Asia ex-Japan, Sonal Varma, is of the opinion that the process remains good-lucky enough to give policy makers room for speed reductions later this year. Speaking with ET now prior to the CPI release, Varma said that the September […]
Worldwide Brokerage Nomura has started coverage over manufacturers of solar module where Energies LTD and Premier Energies LTD and predicts a potential benefit of up to 16%. In the report of 3 September, Nomura gave a ‘buy’ rating about where Energies and a ‘neutral’ rating on Premier Energies, stating the power story of India, is […]
