MSCI Rejig: These 12 Stocks May See $2 Billion Inflows, Says Nuvama

Nuvama expects 12 Indian stocks to be included and one high-conviction exclusion during the MSCI rejig of its emerging markets index in May 2024. Thermax is just at borderline for inclusion,
19-04-2024

Time for green energy to power up India? Land allocation, falling solar prices pave the way

The development at the Kandla port in Gujarat could help position India as a key player in the global green energy landscape, said Nuvama in a note. The developments align with the National Green Hydrogen Mission's objectives -- "to make the country a global hub for green hydrogen production, utilisation, and exports, thereby reducing energy imports and helping decarbonise hard-to-reduce sectors."
17-04-2024
Bigul

Jefferies initiates Nuvama, 360 One WAM with buy' rating

The brokerage firm's report stated that they are well-placed to ride on the country's economic growth and financialisation of savings, especially into capital markets
15-04-2024

360 One, Nuvama Get 'Buy' From Jefferies On 22% Profit Growth Hopes

The downside risks for the brokerage's call include adverse regulations, intensifying competition, and prolonged market downturns.
09-04-2024

PAG-Backed Indian Asset Manager Eyes Mideast For $400 Million

The asset management unit at PAG-backed Nuvama Group of India plans to tap the wealthy in the Middle East for the first time.
04-04-2024

Which stocks and sectors will be in focus in April Series as per rollover data?

For Nuvama research, auto names maintain strong momentum, expected to persist until frothiness appears. In contrast, the IT basket remains a short candidate
01-04-2024
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