Nomura Raises Nifty 50 Target to 26,140

  Published 10 months ago

Nomura has increased its Nifty 50 target to 26,140 by March 2026, citing strong Indian macros despite global risks. They favor domestic-focused sectors like consumption and financials, expecting rate cuts and sustained local flows.

  • Nifty 50 target raised to 26,140 (+5.6% upside).
  • Prefers consumption & financials over exporters.
  • India’s Q1 GDP grew strongly at 7.4%.

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