VERIFIEDET Markets·6 Jul 2026positive

Hitachi Energy, GE Vernova, Siemens rise up to 6% as Nomura calls recent correction an ‘overreaction’. 4 reasons why

AI Summary

·Indian electrical equipment stocks rose up to 6% following Nomura's assessment.
·Nomura stated that Chinese firms historically secured minimal market share despite tender exemptions.
·The brokerage cited capacity constraints among Chinese firms, viewing the exemption as temporary.