Page 7 - Nomura

Market outlook 2022: Brokerages remain upbeat; see Sensex at new high

Inflation, winding down of stimulus from major central banks such as the US Fed and the ECB, developments in China and the impact of the new Covid variants, if any, are some of the key risks

Business activity grows to new high despite Omicron threat, says Nomura

The labour participation rate picked up to 41.4 per cent from 40.5 per cent -- its highest in eight weeks

Economy, markets, investing strategy: Nomura's outlook for India in 2022

Within the Asian region, the global research and broking house has maintained an overweight stance on China, Korea and Indonesia for 2022. Thailand and Philippines remain their key underweights.

India's business resumption touches new high despite Omicron: Nomura

Business resumption surged to a new high despite the fears of the newly discovered Omicron variant, and inflationary pressures are building up, a Japanese brokerage said on Monday

CLSA, Goldman Sachs join growing chorus of India's 'expensive' valuations

CLSA, Goldman Sachs latest to highlight concerns

Excise cut on petrol, diesel to cost government Rs 45,000 crore: Nomura

A cut in excise duty on petrol and diesel and the ensuing drop in retail selling price of these auto fuels should also help address inflation concerns to some extent, analysts said

Nomura Holdings 'ashamed' after legal costs spark 95% slump in profit

"We are ashamed," CFO Takumi Kita­mura said during an earnings briefing on Friday

Nomura downgrades India equities to 'neutral' over unfavourable risk-reward

Nomura said India's valuation appears "very stretched"

Post 30% rise, RIL rating cut by top Nomura analyst for first time in years

The stock is trading at about 27 times of its 12-month forward earnings estimate, more than two standard deviations above its 10-year average

Power outages risk to growth, add to retail inflation woes: Nomura

With power demand likely to rise amid continued economic normalisation and upcoming festive sales, supply-side disruptions pose an important near-term downside risk to growth momentum, Nomura warned

Brace for production cuts, shipment delay due to chip shortage: Analysts

The suppliers' delivery time index component of the manufacturing PMI declined in eight out of nine Asian economies in August to an average of 41.3 from 42.0 in July - both below the 50 mark threshold

Biz activity continues to rise, now well above pre-pandemic levels: Report

Business resumption activity continued its northward journey and reached a new high, much above the pre-pandemic levels for the week ended August 29, a Japanese brokerage said on Monday

No material impact on card issuers: Nomura on RBI restrictions

The RBI had earlier restricted American Express and Diners Club

Business resumption activities declines for second consecutive week: Nomura

Business resumption activities declined for the second consecutive week after a multi-week increase since the ebbing of the second wave of the pandemic, Japanese brokerage Nomura said on Monday.

'V'-shaped recovery on resumption in business activity, says Nomura

The labour participation rate moderated to 40.4 per cent from 40.6 per cent. "

Market valuation too demanding; divestment target may not be met: Nomura

Valuation of Indian stock market at 22.5 times fiscal 2021-22 (FY22) earnings is too demanding, said analysts at Nomura

Investment bank Nomura loses 20 bankers in Asia after bonus payout in May

Global banks are battling to keep junior investment bankers in Asia where financial technology firm and investment companies can offer a route to faster promotion and the prospects for higher earnings

Market is factoring in a 26% earnings CAGR over FY21-23: Nomura

Besides strong corporate earnings, the current rally in the equity markets is also supported by benign macros, Nomura said, with a very supportive monetary policy

Nomura ups India's 2022 GDP forecast to 7.7%; sees inflation at 5.3%

GDP, according to their estimates, is likely to contract by 4.3 per cent quarter-on-quarter (q-o-q) in Q2, much smaller than during the first wave (-24.7 per cent)

Nomura remains overweight on India; Infosys, RIL, ICICI Bank among top bets

Going ahead, Nomura said, markets will focus more on corporate earnings rather than the broad economic growth in India