The ongoing Iran-US conflict and rising crude oil prices have led to a significant correction in the Indian stock market, with a decline of about 8-10% since the conflict began. In light of this, brokerages such as Kotak Equities and Motilal Oswal have identified nearly 80 stocks across various sectors as potential value opportunities for the next fiscal year (FY27). Despite the heightened risks, analysts believe that the current market presents an accumulation opportunity rather than a structural downturn. Kotak Equities noted that the market's correction reflects concerns over a prolonged conflict, with oil prices expected to stabilize at a higher range than pre-war levels. The Nifty index is currently trading at around 17.7x forward earnings, a discount to long-term averages, indicating a favorable entry point for investors. Brokerages are focusing on sectors such as financials, telecom, and consumption, with preferred stocks including DLF, Godrej Consumer, and Bharti Airtel. As the market adjusts to geopolitical developments, the outlook for FY27 remains cautiously optimistic, with expected earnings growth of about 15% supported by a consumption-led recovery.