Jefferies Sees Recovery in India Derivatives, Names Top Stock Picks
Jefferies reports signs of recovery in India's derivatives market as options volumes rebound following disruption from the closing auction session (CAS). BSE's cash-market share increased, and MCX saw stronger energy options activity. The brokerage expects Groww to benefit from improved orders, higher margin trading finance (MTF) volumes, and commodity trading. Top stock picks include Groww, MCX, KFIN, and Nuvama.
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