Indian equity markets face persistent uncertainty, prompting experts to advise a cautious, selective investment approach. Despite revised earnings growth expectations, the Nifty index’s current multiple offers a comfortable entry point for staggered investments. Defence, metals, and auto sectors show promise, while banking and NBFCs warrant caution.
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