Jefferies increases weight in Reliance, 2 others; trims weight in 3 stocks in latest model portfolio changes. See list

Jefferies has boosted its investment stance on Reliance Industries, citing appealing valuations and an outlook for upgrades. Additionally, the firm has raised its stakes in Kotak Mahindra Bank, driven by strong growth prospects. Welspun Corp is now part of the portfolio due to anticipated expansion in oil and gas infrastructures.

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