Jefferies has suggested enhancing investments in large-cap stocks in India, citing their favorable valuations compared to midcaps. The brokerage has also added Kotak Mahindra Bank to its model portfolio and increased its weight in Reliance Industries. It emphasizes that large-caps present a better risk-reward scenario as earnings growth gap narrows. Meanwhile, exposure to rate-sensitive sectors has been reduced due to rising global bond yields.
Global Market Today: Asian stocks hold near record highs, oil climbs
MSCI’s Asia Pacific equities gauge edged up 0.1%, helped by advances in Japan, while South Korean shares reversed an early decline to rise 0.2%. The
October 7, 2026