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Jefferies picks 18 stocks as geopolitical tension eases

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Jefferies identifies 18 Indian financial stocks to watch as geopolitical tensions ease. The bank expects lower oil prices and inflation to benefit lenders, projecting credit growth slowing to 14-16% by March 2027. It suggests the RBI might raise the repo rate by 25-50 basis points at the December 2026 MPC meeting.

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