Jefferies’ Wood sees buying opportunity in India despite tariffs
Jefferies' Christopher Wood urged investors to see tariff headwinds as a buying opportunity in Indian equities. In his 'Greed & Fear' note, he said US trade pressures are transient and may even accelerate BRICS de-dollarization, benefiting India. Despite underperformance and stretched valuations, strong domestic flows and RBI's rate cuts underpin his bullish stance.