HDFC Bank stock dips 4% as Nomura downgrades rating to ‘neutral’
Nomura says the net interest margin of the bank could see “pressure” over the next two-three quarters; JM Financials, ICICI Securities recommend ‘buy’ rating
nomura
September 2023
July 2023
December 2022
September 2022
March 2022
February 2022
November 2021
March 2020
January 2020
December 2019
Is TCS a buy after Q1? Here’s what brokerages say
While ICICI Securities retained its ‘Buy’ stance on TCS shares, Axis Securities and Jefferies assigned ‘Hold’; Nomura and Morgan Stanley gave ‘Reduce’ and ‘Equal Weight’ ratings, respectively.
IT stocks take a hit after Accenture signals slowdown in client spending
New bookings for Accenture in the first quarter were $16.22 billion, a 3% decrease in US dollar.
This PSU railway stock hits all-time high; brokerages see up to 26% upside
On Friday, the PSU stock opened higher for the fourth straight session and gained as much as 5.47% to touch a fresh record high of ₹771.4 on the BSE.
Russia-Ukraine war: Feb trade data grim alert for India as crude spikes
Though, Russia is a marginal trade partner with barely 1.4% of India's import and 0.9% of exports, spike in crude and commodity prices will elevate inflation and dent consumer demand.
Russia-Ukraine crisis: India to be worst hit in Asia, says Nomura
India, Thailand and the Philippines could be the biggest losers in Asia, Nomura says.
Biz confidence at pre-pandemic level: Deloitte, Nomura
With the economy gradually opening up, pandemic uncertainties are reducing, according to separate indicators by Deloitte India and Nomura.
Covid-19: Shock therapy
As the world counts the economic costs of the coronavirus pandemic, India is hardly insulated from this black swan event.
‘Inflation spike transitory; growth downturn durable’
Notwithstanding headline inflation being at a five-year high of 7.4%, Nomura expects the RBI to extend its pause; but the next policy move is still likely to be a rate cut in Q2 to boost growth.
Inflation nudged RBI to wait and watch
The Monetary Policy Committee meeting minutes reveal that its members were bogged down by rising inflation and slowing growth, which could mean status quo going forward.
