Jefferies Keeps Wealth and Asset Management Entry Open for India

Jefferies India country head Aashish Agarwal stated the firm remains focused on core strengths but left open the possibility of entering wealth or asset management.

Agarwal noted that currency stability, supported by foreign exchange reserves, is a critical trigger for foreign portfolio investor inflows.

Jefferies observed that FPI sentiment has shown a durable improvement with $5 billion in net inflows recorded over the past three months.