Chris Wood of Jefferies buys Airtel to pare stake in RIL, HDFC Bank
Fri, Feb 9, 2024 2:36 PM

Chris Wood of Jefferies buys Airtel to pare stake in RIL, HDFC Bank

A Flip by Avya Verma
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Jefferies' Chris Wood has made changes to his India long-only portfolio, buying Bharti Airtel and increasing investments in Axis Bank and SBI while decreasing stakes in Reliance and HDFC Bank. He is also adjusting his global long-only portfolio, with a new 3% investment in Bharti Airtel and increased investments in Axis Bank and TSMC. Wood was pleasantly surprised by the recent budget.

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