Topics
Jefferies | Indian stock markets | Zomato
Puneet Wadhwa | New Delhi Last Updated at August 10, 2022 22:53 IST
https://mybs.in/2axnmwn
The pullback in the Nifty from its recent lows looks unsustainable, said analysts at Jefferies in a recent note even as they acknowledged the improved US outlook on lowered inflation expectations and lower recession risks. Among stocks, Jefferies has removed/reduced exposure to Gail, Gland Pharma and Tech Mahindra (TechM), while introducing Zomato, Thermax, LIC Housing and Indian Hotels to their model portfolio.
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