Jefferies India and JM Financial have initiated coverage on several stocks, with Jefferies focusing on Patanjali India, Waaree Energies, Sai Life Sciences, and Swiggy, predicting substantial returns. JM Financial has targeted Tata Communications, Bazaar Style Retail, Sagility, and IKS Health, mostly assigning buy ratings. Other firms like Motilal Oswal, Macquarie, Nuvama, Ambit, and Nirmal Bang have also begun coverage on various companies, including Dr. Agarwal’s Health and Adani Green Energy.