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

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.