The analysts maintained their projections of 25-basis-point increases each in December and February, which would bring their terminal interest rate forecast to 4%-4.25%. The Nomura revision follows forecast revisions by Goldman Sachs Group Inc. earlier this week and matches both the size of those changes and the latest calls.
Nifty faces stiff resistance near 25,100; sector rotation is key
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across
May 24, 2025