Brokerage firms have initiated coverage on nine stocks, offering research-backed recommendations to investors. Jefferies is optimistic about Radico Khaitan, United Spirits, and Allied Blenders, while Motilal Oswal is neutral on Bajaj Housing Finance but positive on Ellenbarrie Industrial Gases. Morgan Stanley favors Aditya Birla Lifestyle Brands and CG Power, Axis Securities recommends Mahanagar Gas, and JM Financial suggests Angel One.