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Prabhudas Lilladher cuts Nifty target to 26,449, lists 16 high conviction stock picks

Amidst global market turmoil from the Iran-US war and El Nino, Prabhudas Lilladher lowered its Nifty 50 target to 26,449. The brokerage anticipates limited further downside but warns of sharp swings due to prolonged uncertainty. Rising geopolitical risks and import dependence are impacting India's economy, potentially curtailing consumption demand.

Raccontata dam.economictimes.comeconomictimes.indiatimes.comthehindubusinessline.com

Confronto fonti

3 prospettive sulla stessa storia
AI · summaries
m.economictimes.comStai leggendo13 g fa

Prabhudas Lilladher cuts Nifty target to 26,449, lists 16 high conviction stock picks

Prabhudas Lilladher cut Nifty on geopolitical shocks and oil surge impacting Q2 consumption (-7%). Bullish data centers/semiconductors but cautious IT services signals capex shifting toward infrastructure; offshore IT outsourcing loses economic edge.

originale
economictimes.indiatimes.com13 g fa

Citi cuts Nifty target to 26,000 on El Nino, AI risks, picks one stock

Citi cut Nifty target from 27,000 to 26,000 due to geopolitical tensions, El Niño, and AI uncertainties. Tech implications: AI value migration from infra vendors to end users affects vendor leadership and India GCC jobs amid $30B FII outflows.

Timeline cronologica

  1. giovedì 11 giugno 2026·m.economictimes.com

    Prabhudas Lilladher cuts Nifty target to 26,449, lists 16 high conviction stock picks

    Amidst global market turmoil from the Iran-US war and El Nino, Prabhudas Lilladher lowered its Nifty 50 target to 26,449. The brokerage anticipates limited further downside but…

  2. giovedì 11 giugno 2026·economictimes.indiatimes.com

    Citi cuts Nifty target to 26,000 on El Nino, AI risks, picks one stock

    Citi Research lowered its Nifty target due to rising earnings risks linked to geopolitical tensions and other macro concerns. However, it remains constructive on Indias…

Leggi questa versione → originale
thehindubusinessline.com12 g fa

Nifty Prediction Today – June 12, 2026: Nifty 50 futures: Go long on dips

Nifty 50 predicts upward movement; traders advised to go long on dips with key support at 23,370 and resistance at 23,600.

Leggi questa versione → originale
  • venerdì 12 giugno 2026·thehindubusinessline.com

    Nifty Prediction Today – June 12, 2026: Nifty 50 futures: Go long on dips

    Nifty 50 predicts upward movement; traders advised to go long on dips with key support at 23,370 and resistance at 23,600.