CLSA adds Tata Motors, NTPC, Nestle, and Britannia to India Focus Portfolio

January 4, 2025

In 2025, Nifty’s returns are expected to be muted due to high valuations and global uncertainties, including Trump’s policies and rising dollar. CLSA favours commodities and insurance while being underweight on IT, discretionary, industrials, and healthcare. Tata Motors, NTPC, Nestle, and Britannia have been added to its India focus portfolio, with HDFC Bank removed.

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