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Jefferies Raises Reliance Weight, Adds Kotak and Welspun

Jefferies Raises Reliance Weight, Adds Kotak and Welspun
Reliance Industries weightage increased in Jefferies model portfolio; Check the two new inclusions · CNBC TV 18

Jefferies changed some of the investments in its model portfolio.

It gave Reliance Industries a bigger share.

It also added Kotak Mahindra Bank and Welspun Corp.

The portfolio now has smaller shares in NBFCs and real estate.

Jefferies still says it is overweight in both of those areas.

It also reduced the portfolio’s share in Eicher Motors.

The article does not explain why Jefferies made these changes.

Key facts

Portfolio
Jefferies model portfolio
Increased weighting
Reliance Industries
New inclusions
Kotak Mahindra Bank and Welspun Corp
Reduced weightings
NBFCs, real estate and Eicher Motors
Continuing stance
Jefferies remains overweight on NBFCs and real estate

Sources

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