In a bullish move that defies earnings downgrades and global jitters, Japanese brokerage giant Nomura has raised its Nifty target by 1,170 points to 26,140, citing favorable valuations and domestic resilience. Alongside, it unveiled 17 high-conviction stock picks, signaling a clear pivot toward domestic-facing sectors. βAssuming benign risk premium and low yields, we raise theβ¦
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