India's FY26 GDP growth to slide to 6.2 pc: Nomura

Nomura projects India's real GDP growth to slightly decrease to 6.2% in FY26, down from 6.5% in FY25, noting a divergence in growth indicators. Despite this, they revised their Nifty target upwards, citing positive domestic macroeconomic factors and consistent domestic flows supporting market valuation. Bofa Securities, however, expressed caution regarding near-term equity market valuations.