India’s capital goods sector is experiencing a strong recovery, fueled by rising demand and stable pricing post-regulatory changes. The genset segment, a key indicator, saw significant volume growth driven by data centers, manufacturing, and infrastructure. Companies like Cummins India and Kirloskar Oil Engines are poised for sustained expansion through new products and robust aftermarket services.
From 29,300 to 24,900: Nomura slashes Nifty target, says another 5% correction possible! Here’s why
Nomura has cut its Nifty target by 15% to 24,900, warning of a further 5% downside amid geopolitical tensions, rising oil prices and weakening flows.
March 17, 2026