48
Markets4h 1m 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 · 4h 1m ago
Where
New Delhi, India ·
Why
Prolonged geopolitical uncertainty, including the West Asia conflict, crude spikes, and supply-chain disruptions, are expected to test consumption and fiscal math from 2Q27.
The Frontline Impact

How this affects you

The brokerage's revised Nifty target and concerns about consumption and fiscal health suggest potential headwinds for the Indian economy and markets, especially from mid-2027, even as selective sectors are expected to outperform.

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