Jefferies

According to Christopher Wood of Jefferies, AI-linked stock momentum is waning as investors discuss 'AI fatigue.' The firm prefers India's undervalued market over overhyped AI stocks, while remaining positive on the long-term AI investment cycle and memory chip manufacturers as beneficiaries.

According to the GREED & Fear report, US Treasury bond yields are pivotal for market dynamics. While Indian stocks underperformed, Christopher Wood retains a strong belief in India’s potential, noting specific strong performers, despite concerns over concentrated risks in the AI sector.

Meesho share price rose nearly 5% after Jefferies initiated coverage with a 'Buy' rating and a target price of ₹225, suggesting a 34% upside. The brokerage cites Meesho's value-commerce platform and strong growth potential through increased order volumes and a loyal customer base.

Chris Wood reports highlighted the investment potential in Pakistan's stock market amid IMF cycles. Additionally, he views India favourably, despite risks from geopolitical developments.

Among the IT pack, Mphasis emerged as the top loser, dropping 2.5% to ₹2,314.30, followed by Infosys and Wipro, which fell nearly 2% each.

Lenskart Solutions shares rose over 5% following strong Q2 results. The company shows growth potential with a low 5% market share in India's optical segment and a robust hybrid operating model.

The US capital markets watchdog Securities and Exchange Commission (SEC) is investigating Jefferies over its links with bankrupt autoparts maker First Brands Group. Here's what we know about the investigation.

Jefferies believes India Inc has moved past its weakest earnings phase and is now set for stronger growth ahead. The brokerage has highlighted two key sectors—Cement and Telecom—as the fastest-growing performers for FY27, expecting a sharp rebound supported by improving demand, easing cost pressures, and stabilizing industry conditions. This video breaks down Jefferies’ latest outlook, sector-wise projections, and what investors should watch out for in the coming quarters.

WeWork India is back in the spotlight as major brokerages turn strongly bullish after its recent IPO. Both ICICI Securities and Jefferies have initiated coverage with upbeat targets, projecting up to 50% upside from current levels. Driven by booming demand for premium flexible workspaces, rising occupancy, and strong backing from the Embassy Group, analysts believe WeWork India is positioned as one of the country’s most premium and well-placed players in the flex office market.

Gold price is currently trading around $4,012/oz, and Chris Wood believes a correction of about 16% could create an attractive buying opportunity, aligning with the 200-day moving average of $3,371/oz.