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Nomura sees Nifty at 24,970 by March 2026
Business Standard
|April 22, 2025
Nomura has revised its Nifty target to 24,970 for March 2026, up from its earlier target of 23,784 for December 2025.
The brokerage expects the Nifty to trade at 19.5 times its estimated earnings of ₹1,280 for FY27, compared with an earlier multiple of 18.5 times.
Nomura projects the Nifty to trade within a 17-20 times valuation range, offering potential returns of minus 9 per cent to plus 7 per cent over the next 12 months.
The Nifty ended at 24,126, having rebounded over 10 per cent from this month's lows.
A stable risk environment could revive foreign portfolio investor inflows after six months of sustained selling, the brokerage believes.
Cette histoire est tirée de l'édition April 22, 2025 de Business Standard.
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