46
Markets5h 37m ago

Prabhudas Lilladher trimmed its 12-month Nifty target to 26,449 from 27,080 earlier, citing prolonged geopolitical uncertainty.

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New Delhi, India

Who
Prabhudas Lilladher
What
Prabhudas Lilladher trimmed its 12-month Nifty target to 26,449 from 27,080 earlier, citing prolonged geopolitical uncertainty.
When
Sat, 13 Jun 2026 07:48:44 GMT · 5h 37m ago
Where
New Delhi, India ·
Why
The brokerage expects the West Asia conflict, crude spikes, and supply-chain disruptions to test consumption and fiscal math from 2Q27, with potential for a repo rate hike from 2H27 due to inflation pressures.
The Frontline Impact

How this affects you

The reduced Nifty target and concerns over consumption demand and fiscal burden from 2Q27 could signal a challenging economic outlook for India, despite markets potentially outperforming in sectors like Private Banks and Defence.

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