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. The brokerage sees risks to earnings and valuations, though it believes deeper corrections could create long-term buying opportunities for investors.
Vijay Kedia’s new smallcap bet revealed; FIIs raise stake, stock up 15% in one month
Kedia Securities, backed by ace investor Vijay Kedia, acquired a fresh 1.45% stake in smallcap engineering firm Eimco Elecon during the June 2026 quarter. The