Web Exclusive
In the past one month, the S&P BSE Sensex and the Nifty50 have gained around 8 per cent each with a large part of these gains coming via the BFSI route
Topics
Jefferies | Indian stock markets | Zomato
Puneet Wadhwa |
Last Updated at August 10, 2022 11:30 IST
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.
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.
Already a premium subscriber? LOGIN NOW
SUBSCRIBE TO INSIGHTS
What you get on Business Standard Premium?
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
First Published: Wed, August 10 2022. 11:30 IST
