Nomura downgrades India markets

Nomura downgrades India markets

Nomura has downgraded Indian markets to neutral from overweight citing unfavourable risk-reward given high valuations, with a number of positives priced in even as headwinds are emerging. Instead, the Japanese brokerage firm prefers China and Asean and will be looking for better entry points for India. Nomura upgraded India to overweight in February, citing local […]

Stocks to buy: Check out these 20 shares for good gains today—Full list here

Stocks to buy: Check out these 20 shares for good gains today—Full list here

Domestic equity benchmarks Nifty50 and S&P BSE Sensex ended Friday lower for the 4th straight session. The BSE Sensex slipped 101.88 points or 0.17 per cent at 60,821.62, while the Nifty50 declined 63.2 points or 0.35 per cent to 18,114.9.   Meanwhile, the Asian markets were trading mixed on Monday. Japanese Nikkei 225 index were down over 300 points to 28,498, losing more than 1 per cent in […]

PSU stocks may be re-rated on divestment hopes but face a bumpy ride

PSU stocks may be re-rated on divestment hopes but face a bumpy ride

Public sector companies may see a re-rating of their stocks on hopes that the government’s divestment plans will gather steam following the successful sale of Air India to Tata group. Such processes may, however, not be smooth as any privatization of government-owned assets typically take longer periods. The government announced the first privatization after 19 […]