VERIFIEDET Stocks·28 Aug 2026positive

A 10% gold rally could create $400 billion in wealth for Indians. Jefferies names stocks set to benefit

AI Summary

·Jefferies predicts a 10% gold rally could unlock $20-25 billion in gold-backed loans.
·This rally is expected to boost Indian household wealth by $400 billion.
·Manappuram Finance is identified as a top stock pick by Jefferies.