5 Jun 2025, Thu

Nomura Pedicts Lower India GDP: This is a shocking news for India on the Economic Front despite adopting a liberal policy by the Reserve Bank and control over inflation. Japan’s brokerage firm Nomura has expressed the possibility of India’s economic speed being low in its forecast. It has estimated the country’s GDP growth rate of 6.2 percent in FY 2025-26, which is less than 6.5 percent in FY 2024-25. The slow pace towards the brokerage firm has been predicted when different data has come out from GST collection to automobile and bank credit.

GDP speed will slow down

It is worth noting that according to the official data that increased at a speed of 9.2 percent in the financial year 2024, according to the official data last week, the economic speed has increased from 6.5 percent, that is, a big decline has been seen. In such a situation, when the RBI is estimated to increase 6.5 percent of the economy in its forecast, there is a slight decline in Nomura’s prediction.

However, Nomura definitely said that despite a slight decrease in GDP speed, the target of the March 2026 benchmart Nifty Index will increase to 26,140, ​​which is more than 24,970 previous forecasts.

RBI estimates growth

Nomura said in its report, “We believe that the GDP growth will decrease from 6.5 percent in the financial year 2024-25 to 6.2 percent in 2025-26.” The brokerage firm revised the Nifty’s target for March 2026 to 26,140 points, while earlier it was estimated to be on its 24,970 points.

Nomura said that this has been done on the basis of comprehensive economic trends. On the other hand, American brokerage bofa securities made cautious remarks about the assessment of the stock market and said that it seems that it is at its upper level for the near period.

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