Prabhudas Lilladher cuts Nifty target to 26,449, lists 16 high conviction stock picks
- Posted on June 11, 2026
- By Business News Today
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- 1 min read
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.
