Indian markets down 15% at Jefferies; Provides Zomato to Portfolio

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Up to now one month, the S&P BSE Sensex and Nifty 50 have every gained round 8 per cent, with a significant chunk of those positive aspects coming by the BFSI route.

Jefferies | Indian inventory market | zomato

Puneet Wadhwa |
New Delhi

Analysts at Jefferies stated in a current observe that volatility within the Nifty from current lows appears to be like risky, at the same time as they acknowledged a greater US outlook on inflation expectations and decrease bearish dangers . Amongst shares, Jefferies has eliminated its publicity to GAIL, Gland Pharma and Tech Mahindra (TechM), introducing Zomato, Thermax, LIC Housing and Indian Resorts in its mannequin portfolio.

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First revealed: Wed, 10 August 2022. 11:30 IST

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