Nomura’s Indian portfolio, which accounts for 23.4% of its Asia-ex-Japan allocation, focuses on sectors expected to experience growth. The portfolio consists of a mix of sectors, including banks, infrastructure, IT, and defensive areas such as pharma and telecom. Some of the key stocks in Nomura’s Indian portfolio include:
* Reliance Industries
* ICICI Bank
* Hindustan Unilever
These stocks are selected based on their growth potential, as Nomura believes they will be well-positioned to take advantage of India’s economic growth and trends. With a focus on large-cap companies, Nomura’s portfolio aims to provide investors with a diversified exposure to the Indian market, which is expected to continue its upward trajectory. By targeting these sectors and stocks, investors can benefit from the potential growth opportunities in India.