Jefferies, in its latest report, highlighted that it favours the Chinese approach to artificial intelligence (AI) over the US approach, citing structural advantages in China's energy capacity and the open-source model driving innovation.
Artificial intelligence (AI) spending is driving one of the most aggressive bull runs in U.S. markets, but Jefferies has cautioned investors about growing signs of speculative excess even as gold and Chinese tech shares surge.
Paytm is looking bullish, with Jefferies maintaining a "Buy" rating and hiking its price target to Rs 1,420, indicating a 21% upside from current levels. As of today, Paytm's stock price is around Rs 1,197.
India's stock markets are being supported largely by consistent mutual fund investments, which are preventing a deeper fall despite heavy outflows, according to a report by Jefferies.
Gold prices could rise significantly higher to a record high of USD 6,600 per ounce if the ongoing bull run continues, according to a report by Jefferies.
India's data centre industry is set for strong growth over the next few years, with total capacity expected to rise five times to 8GW by 2030, according to a report by Jefferies.
Artificial Intelligence (AI) could trigger around 20 per cent revenue deflation in the global IT services sector between calendar years 2025 and 2030, posing significant headwinds for the industry, according to a report by Jefferies.
Reliance Industries' Oil-to-Chemicals (O2C) profitability in the first half of 2026 is tracking a strong 15 per cent year-on-year growth, well ahead of the full-year forecast of 8 per cent, supported by strength in auto fuels, the report said.
The Indian automobile industry is expected to receive a major demand push as optimism builds over a potential Goods and Services Tax (GST) rate reduction, according to a recent report by Jefferies. The proposed tax rationalization, likely to be announced early next month is likely to bene