Page 3 - Nomura
Nomura sees 75bps Fed hike in June, July; markets will absorb it: Analysts
Following the two 75 bps hikes in June and July, Nomura expects the US Fed to hike rates by 25 bps at every meeting scheduled in 2022 and 2023
 "Nomura sees 75bps Fed hike in June, July; markets will absorb it: Analysts")
We expect constructive environment for IPOs in 2nd half of FY23: Nomura
India's capital market fundraising will remain robust in the next six to 12 months as companies such as LIC are still looking to list, Nomura's Amit Thawani said
 "We expect constructive environment for IPOs in 2nd half of FY23: Nomura")
Petrol, diesel prices can rise by Rs 12, LPG by Rs 280 a cylinder: Nomura
Besides the petrol, diesel and LPG prices, compounding the woes for manufacturers and consumers alike is the sharp hike in prices of natural gas starting April 1 for a period of six months
 "Petrol, diesel prices can rise by Rs 12, LPG by Rs 280 a cylinder: Nomura")
Biz activity allays Russia-Ukraine war fears, hits all-time high
In a broad-based recovery, the Nibri rose to another record high of 126.4 for the week ending 20 March from 122.8 in the previous week, a 26.4 percentage point rise from the pre-pandemic levels
 "Biz activity allays Russia-Ukraine war fears, hits all-time high")
Market outlook 2022: Brokerages remain upbeat; see Sensex at new high
Inflation, winding down of stimulus from major central banks such as the US Fed and the ECB, developments in China and the impact of the new Covid variants, if any, are some of the key risks
 "Market outlook 2022: Brokerages remain upbeat; see Sensex at new high")
Business activity grows to new high despite Omicron threat, says Nomura
The labour participation rate picked up to 41.4 per cent from 40.5 per cent -- its highest in eight weeks
 "Business activity grows to new high despite Omicron threat, says Nomura")
Economy, markets, investing strategy: Nomura's outlook for India in 2022
Within the Asian region, the global research and broking house has maintained an overweight stance on China, Korea and Indonesia for 2022. Thailand and Philippines remain their key underweights.
 "Economy, markets, investing strategy: Nomura's outlook for India in 2022")
India's business resumption touches new high despite Omicron: Nomura
Business resumption surged to a new high despite the fears of the newly discovered Omicron variant, and inflationary pressures are building up, a Japanese brokerage said on Monday
 "India's business resumption touches new high despite Omicron: Nomura")
CLSA, Goldman Sachs join growing chorus of India's 'expensive' valuations
CLSA, Goldman Sachs latest to highlight concerns
 "CLSA, Goldman Sachs join growing chorus of India's 'expensive' valuations")
Excise cut on petrol, diesel to cost government Rs 45,000 crore: Nomura
A cut in excise duty on petrol and diesel and the ensuing drop in retail selling price of these auto fuels should also help address inflation concerns to some extent, analysts said
 "Excise cut on petrol, diesel to cost government Rs 45,000 crore: Nomura")
Nomura Holdings 'ashamed' after legal costs spark 95% slump in profit
"We are ashamed," CFO Takumi Kitamura said during an earnings briefing on Friday
 "Nomura Holdings 'ashamed' after legal costs spark 95% slump in profit")
Nomura downgrades India equities to 'neutral' over unfavourable risk-reward
Nomura said India's valuation appears "very stretched"
Post 30% rise, RIL rating cut by top Nomura analyst for first time in years
The stock is trading at about 27 times of its 12-month forward earnings estimate, more than two standard deviations above its 10-year average
 "Post 30% rise, RIL rating cut by top Nomura analyst for first time in years")
Power outages risk to growth, add to retail inflation woes: Nomura
With power demand likely to rise amid continued economic normalisation and upcoming festive sales, supply-side disruptions pose an important near-term downside risk to growth momentum, Nomura warned
 "Power outages risk to growth, add to retail inflation woes: Nomura")
Brace for production cuts, shipment delay due to chip shortage: Analysts
The suppliers' delivery time index component of the manufacturing PMI declined in eight out of nine Asian economies in August to an average of 41.3 from 42.0 in July - both below the 50 mark threshold
 "Brace for production cuts, shipment delay due to chip shortage: Analysts")
Biz activity continues to rise, now well above pre-pandemic levels: Report
Business resumption activity continued its northward journey and reached a new high, much above the pre-pandemic levels for the week ended August 29, a Japanese brokerage said on Monday
 "Biz activity continues to rise, now well above pre-pandemic levels: Report")
No material impact on card issuers: Nomura on RBI restrictions
The RBI had earlier restricted American Express and Diners Club
 "No material impact on card issuers: Nomura on RBI restrictions")
Business resumption activities declines for second consecutive week: Nomura
Business resumption activities declined for the second consecutive week after a multi-week increase since the ebbing of the second wave of the pandemic, Japanese brokerage Nomura said on Monday.
'V'-shaped recovery on resumption in business activity, says Nomura
The labour participation rate moderated to 40.4 per cent from 40.6 per cent. "
 "'V'-shaped recovery on resumption in business activity, says Nomura")
Market valuation too demanding; divestment target may not be met: Nomura
Valuation of Indian stock market at 22.5 times fiscal 2021-22 (FY22) earnings is too demanding, said analysts at Nomura
