Indian stock market, Oct. 10 -- Despite the key benchmark indices, Sensex and the Nifty 50, ending respectively at their 32-month and 18-month lows last week on 8th October 2026, Jefferies believes the structural growth story remains intact, with the economic data remarkably resilient given the obvious geopolitical challenges faced by a country that remains a major energy consumer. In the quarterly Asia Maxim report dated 9th October 2026, Chris Wood, Head of Equities at Jefferies, wrote that the Indian economy has done well despite various challenges on the domestic and global fronts. It also justified the RBI's 25 bps Repo Rate hike and predicted the Indian Rupee's near-term bottom due to the generation of $144 billion through the FCNR ...