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Nomura Upgrades Indian Stocks Despite Cyclical Slowdown Possibility
Japanese brokerage Nomura has upgraded Indian equities to "overweight" from "neutral", primarily on the stronger structural story presented by Asia's third largest economy. In a report on Tuesday, the brokerage said India is a major beneficiary of the "China+1" theme and ...
Global Brokerages See Up To 44% Upside For SBI
The public sector lender has posted robust September numbers better than even street expectations and viewing it several global brokerages have raised its target price. You got it right we here are talking about State Bank of India (SBI). The firms ...
Gradual Recovery On Cards, FY'18 GVA Growth Likely At 6.7%
The Indian economy is expected to see a gradual cyclical recovery with GVA growth averaging 6.7 per cent this fiscal, slightly higher than 6.6 per cent in 2016-17, says a Nomura report. According to the Japanese financial services major, there could ...
Growth, Inflation To Trend Higher In Next 6-12 Months: Nomura
Economic growth and inflation are expected to trend higher in the next 6-12 months, and the Reserve Bank is likely to stay on a prolonged pause, says a Nomura report. According to the Japanese financial services major, the MPC minutes suggest ...
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