Market Nomura sets Nifty target at 10,200 for March 2021; cautions of downside risk in near term Updated : June 02, 2020 01:16 PM IST Nomura is expecting the Nifty50 to scale up to 10,200 levels by March 2021, which represents 6.5 percent upside from the current level. The brokerage retains caution on India as growth outlook deteriorates. Nomura retained an overweight stance on the pharma sector. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.