Nomura lifts Nifty target price by 1,170 points, unveils 17 top stock picks

June 2, 2025

Nomura observed that, despite overall earnings estimate reductions, India’s Q4 season saw more companies outperform than underperform. Since March 2025, consensus earnings estimates for FY26 and FY27 have been lowered by 2.3% and 1.4%, respectively.

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Over the five trading sessions ending April 2, the Sensex benchmark slipped 1.01%, losing 749 points to close at 73,319. Although the index finished higher

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