Nomura downgrades India, recommends a switch to these markets; Check new Nifty target
Brokerage firm Nomura has joined the likes of Goldman Sachs and UBS in downgrading Indian equities in its latest note on Thursday, April 2. The brokerage has downgraded India to “neutral” from its earlier rating of “overweight” and has also cut its Nifty 50 target for December 2026 to 24,500 from 29,300 earlier. “Our India…
