Ceasefire not good for stock market? BNP Paribas cuts Nifty target for 2026, but picks 9 stocks

India's equity outlook has turned more cautious after the recent crude oil spike, with BNP Paribas trimming its optimism for 2026 and cutting its Nifty target, even as it highlights a fresh set of stock picks positioned to navigate the evolving macro landscape.In its latest India strategy report, the brokerage flagged that the surge in oil prices amid the Middle East conflict could have a lingering impact on the economy, similar to past episodes in 2008, 2011 and 2022. While the ceasefire offers...