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VERIFIEDET Stocks·positive
Jefferies increases weight in Reliance, 2 others; trims weight in 3 stocks in latest model portfolio changes. See list
AI Summary
- ·Jefferies increased its investment stance on Reliance Industries due to appealing valuations and an outlook for upgrades.
- ·The firm raised its stakes in Kotak Mahindra Bank, driven by strong growth prospects.
- ·Welspun Corp was added to the portfolio due to anticipated expansion in oil and gas infrastructures.