
Nomura upgrades India to overweight zone, picks RIL, ITC among top stock ideas
Read more at:https://economictimes.indiatimes.com/markets/stocks/news/nomura-upgrades-india-to-overweight-from-neutral-heres-why/articleshow/103977236.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Global brokerage firm Nomura has upgraded the Indian equity market to an overweight status, indicating confidence in the country’s long-term economic prospects. This upgrade comes despite the belief that valuations may remain expensive, reflecting Nomura’s optimism in India’s structural story and its position as a major beneficiary of the “China+1” theme. In…