Amidst Market Correction, Jefferies Is Bullish On These Stocks Courtesy Valuations, Growth Visibility

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The Nifty 50 is down around 13% from its all-time highs in Sept. 2024. The key question now on everyone’s mind is what is the road ahead, especially in the near time. According to Jefferies, a short-term bounce back in Indian stocks is likely as the valuation premium has cooled while the market has ignored key positives.The domestic market correction has brought Nifty valuations close to average on a long-term one-year forward price-…