New Delhi, Oct. 8 -- Jefferies India stock recommendations | Stocks to buy today: Amid renewed fear of inflation due to the soaring crude oil prices, the RBI MPC decided to raise the Repo Rate by 25 bps to 5.50%. The Central Bank of India raised the key rate after a gap of three and a half years, sparking speculation about the impact of the 25 bps Repo Rate hike on the Indian stock market. The global investment bank Jefferies has a solution for the clueless Dalal Street investors.

In the latest Jefferies India report dated 7 October 2026, it is highlighted that monetary tightening will negatively impact the profitability of power companies. However, after a detailed analysis of Indian power companies and their loan exposures based on fix...