Nomura suggests investing in twenty-seven stocks across sectors. These include ICICI Bank and Infosys. The brokerage anticipates long-term gains despite concerns about US tariffs. They are positive on financials, consumer goods, and autos. Mahindra & Mahindra and UltraTech Cement are also preferred. Nomura is cautious on infrastructure, favoring Larsen & Toubro. They also recommend Reliance Industries and Dr Reddy’s Laboratories.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets