Blank-check companies look to India for next wave of targets, says Nomura
ReNew Power last week agreed to merge with a U.S.-listed special purpose acquisition company in a deal that will give India’s biggest renewable power producer an enterprise value of $8 billion. Grofers is also looking to go public in the U.S. through a merger.
Surge in virus infections may impact biz recovery in near term: Nomura
The Nomura India Business Resumption Index (NIBRI) eased to 98.5 for t...
Analysts turn cautious on Nestle
Maintaining ‘equal weight’ recommendation, Morgan Stanley said it likes the company’s strategy of expanding ...
India's key stock indices are back in the green zone; end over 1.5 percent up
With this, the indexes have recovered part of the near 4% slump on Friday that was sparked by rising bond yields. However, they ended down from the 2% high hit during the session amid profit booking.
Buy SBI, target price Rs 550: Nomura, India
Buy State Bank of India at a price target of Rs 550.
Buy Indian Oil Corporation, target price Rs 130: Nomura, India
Buy Indian Oil Corporation at a price target of Rs 130.
Neutral on HPCL, target price Rs 275: Nomura, India
Neutral Hindustan Petroleum Corporation Ltd. at a price target of Rs 275.
Buy BPCL, target price Rs 550: Nomura, India
Buy Bharat Petroleum Corporation at a price target of Rs 550.
IndusInd, Federal, Bandhan may be key gainers of government move
Nifty Private Bank Index gained nearly 4% on Wednesday and 0.5% on Thursday. ET takes a look at how brokerages are perceiving this.
Wall Street Week Ahead: Rising US bond yields pose new threat to sky-high stocks
The yield on the benchmark 10-year Treasury note , which rises when bond prices fall, climbed to a one year high of 1.36% this week, fueled by expectations that progress in the countrywide vaccination program and further fiscal stimulus would further spur economic growth.
Can multibagger Happiest Minds make investors happier? Nomura thinks so
Calling it a play on the fast-growing digital space, Nomura values Happiest Minds at 32 times estimated FY23 EPS of Rs 14.90.
India on verge of leaving Covid behind & see near-full recovery
Since its trough in April last year, NIBRI has remained on an uptrend through 2020 and that continued into January-March of 2021, reflecting fewer new pandemic cases.
Go away, Reddit rage. Nomura has the salaryman
While the rest of us were consumed by lockdown angst and vaccine anxiety, Japanese investors — the fabled Mrs. Watanabe is nowadays more likely to be a middle-age salaryman — were inoculating our post-pandemic future.
FM's kitchen sinking can invite a rating downgrade, warns Nomura
Nomura had earlier estimated the gap at 6.8 per cent for FY21 and 5.3 per cent for FY22.
Nomura and Sparx to create platform to invest in unlisted companies
The move comes as Japan's top brokerage and investment bank seeks new growth in private equity under Chief Executive Kentaro Okuda, who took the helm last year.