Chris Wood, Jefferies, India Long-Only Portfolio: The global market veteran Chris Wood, who is Global Head of Equity Strategy at Jefferies, has reshuffled his India Long-Only Portfolio as the recent report of Greed & Fear released by the Jefferies mentioned and the same has been analysed by the Zee Business research team.

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According to the report, the market expert, whose portfolio is keenly followed by investors across the world, including India, has seen the weightage in bank and NBFC (non-banking finance company) increased to 43 per cent in the recent shuffle.

Shares of Jubilant Foods have cracked more than 24 per cent YTD, while Adani Ports' share price jumped over 21 per cent during the same period. Godrej Properties' stock price fell by around 29 per cent, similarly, Macrotech shares dipped by 12 per cent, while DLF shares grew by 6 per cent YTD.

Chris Wood also cut stakes in Century Textiles by 1 per cent in the recent reshuffle. The stock of the textile company has declined by over 12 per cent YTD.

According to the Greed & Fear report of Jefferies, the other stocks from Indian markets that are in Chris Wood’s portfolio are Reliance Industries (6% weightage), ICICI Prudential (5% weightage), ICICI Lombard (4% weightage), ICICI Bank (5% weightage), HDFC Bank (6% weightage) and Larsen and Toubro (4% weightage).