InvestorQ : Why has Nomura chosen Reliance, ICICI Bank and Infosys among its top picks?
Rashi Mehra made post

Why has Nomura chosen Reliance, ICICI Bank and Infosys among its top picks?

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Archita Jajjoo answered.
2 weeks ago
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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.

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