US-Iran war hits stock market: Citi, Nomura cut Nifty50 target prices; here’s the outlook

🇮🇳 The Times of India (IN) —
US-Iran war hits stock market: Citi, Nomura cut Nifty50 target prices; here’s the outlook

AI Summary

The US-Iran conflict is sending shockwaves through Indian stock markets, with Citi revising its Nifty50 target down to 27,000 from 28,500 and Nomura also cutting targets amid heightened geopolitical risk. Despite the downward revisions, analysts suggest a potential 17% upside from current index levels.

Citi has revised its Nifty target to 27,000 from the earlier estimate of 28,500. The new projection suggests a potential upside of about 17 percent from the index’s last closing level.

World Conflict Markets Nifty50 India stock market US-Iran war Citi Nomura market outlook geopolitical risk

Read original source →