Nomura is positive on Asia and overweight on India in its ex-Japan Asian portfolio. It has a preferred list of Reliance, Infosys, ICICI, M&M and Reddy Labs. Its Nifty target is static at 15,340 for Mar-22. It favours Indian equities due to low bond yield scenario.
Nomura is positive on Asia and overweight on India in its ex-Japan Asian portfolio. It has a preferred list of Reliance, Infosys, ICICI, M&M and Reddy Labs. Its Nifty target is static at 15,340 for Mar-22. It favours Indian equities due to low bond yield scenario.