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Jefferies picks 11 stocks for long-term theme; cos may benefit from capex | News on Markets

Business Standard

[ad_1] Jefferies Financial Group Inc (Photo: Bloomberg) Jefferies has identified 11 stocks set to benefit from long-term macro trends like capital expenditures, government manufacturing initiatives, and financialisation. The brokerage expects these equities to more than double by 2029.  “The capex cycle theme drives several of our top picks (Ambuja, Axis, JSW Energy, L&T, … Read more

India market-cap to hit $10tn by 2030; sharp run near-term risk: Chris Wood | News on Markets

Business Standard

[ad_1] India will achieve a market capitalisation of nearly $10 trillion by the turn of this decade compared with the current $4.3 trillion – a rise of around 132 per cent during this period, believe analysts at Jefferies led by Christopher Wood, their global head of equity strategy. The biggest risk in the Indian … Read more