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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