Chris Wood of Jefferies bets on India as global trade storm brews; raises allocation in Asia Pacific portfolio | Stock Market News

Chris Wood of Jefferies bets on India as global trade storm brews; raises allocation in Asia Pacific portfolio | Stock Market News

Source: Live Mint In a week marked by global financial turbulence and mounting protectionist fears, Jefferies’ Chris Wood has doubled down on India. In the latest edition of his GREED & fear newsletter, the veteran strategist announced a two-percentage-point increase in India’s allocation within Jefferies’ Asia Pacific ex-Japan relative-return portfolio—raising the country to Overweight status…

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Jefferies turns positive on HDFC Bank; reveals 22 stocks of its India long-only equity portfolio | Stock Market News

Jefferies turns positive on HDFC Bank; reveals 22 stocks of its India long-only equity portfolio | Stock Market News

Source: Live Mint Global brokerage firm Jefferies has brought back HDFC Bank to its Asia ex-Japan long-only portfolio. At the same time, it has trimmed its investments in Macrotech Developers, Larsen & Toubro (L&T), ICICI Bank and Axis Bank by one percentage point each. “An investment in HDFC Bank will be reintroduced in the Asia…

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