Jefferies’ Chris Wood reshuffles India portfolio. Here’s a take a look at the shifts throughout 6 sectors

In his GREED & worry report, Wood warned that appraisals have actually become a concern again, most especially in the mid-cap area, even as Indian markets rebound sharply from their April lows.

Chris Wood, Jefferies’ veteran India bull, is calling down parts of his India direct exposure in the middle of surging appraisals and a $13 billion promoter sell-off. Wood has actually kept a large 19% weighting to property developers in the India portfolio even as he removed Godrej Properties. In line with the consumption pivot, Wood has actually added TVS Motor with a 4% weight, and maintained Everlasting (Zomato) and InterGlobe Aviation in the India long-only portfolio.

Chris Wood, Jefferies’ veteran India bull, is calling down parts of his India direct exposure amidst surging valuations and a $13 billion promoter sell-off. In financials, Wood has dropped commercial lending institution REC from the Asia ex-Japan thematic portfolio and included new names in retail finance. Wood has kept a large 19% weighting to residential or commercial property developers in the India portfolio even as he removed Godrej Residence. In line with the consumption pivot, Wood has added TVS Motor with a 4% weight, and maintained Everlasting (Zomato) and InterGlobe Air Travel in the India long-only portfolio.

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Kingsman a 35-year-old financial advisor from London, UK, epitomizes the blend of analytical prowess and personable guidance. With a decade of experience in the financial sector, Kingsman has cultivated a reputation for his strategic approach to wealth management and investment advising. His journey began at the University of Oxford, where he graduated with honours in Economics, a discipline that fueled his fascination with the financial markets and their intricacies.

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