New Delhi, June 2 -- In a strong endorsement of India's domestic macroeconomic stability and long-term structural potential, Japanese brokerage firm Nomura has revised its Nifty 50 target upward by 1,170 points to 26,140 for March 2026. The significant upgrade comes even as global markets continue to grapple with lingering uncertainties around earnings downgrades, export demand softness, and tighter financial conditions.

Nomura's new target implies a healthy 6 percent upside from current levels and reflects growing investor conviction that India's equity markets will remain resilient, supported by steady reforms, strong domestic liquidity, and macroeconomic discipline. The move also accompanies a curated list of 17 top stock picks, with ...