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Prabhudas Lilladher cuts Nifty target to 27,381, suggests buying on dips for long-term gains

Headwinds for the Indian markets are yet to peak out, stated Prabhudas Lilladher in its latest India Strategy Report while slashing its base case target for Nifty to 27,381 (27,867 earlier), recommending selective buying on dips for long-term gains.

The domestic brokerage values Nifty at a…

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