47
Markets2d 1h ago

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

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 · 2d 1h 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.
The Frontline Impact

How this affects you

The revision reflects concerns over global geopolitical events impacting India's economy, potentially leading to higher inflation and a repo rate hike, but also identifies sectors like Private Banks, Defence, Renewables, and Semiconductors as potential outperformers.

Story chain

1 event in this thread
No related history yet - this is the origin event.

Verified Sources & Citations