DLF, RIL, Zomato, MakeMyTrip: Chris Wood of Jefferies rejigs India exposure

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DLF, RIL, Zomato, MakeMyTrip: Chris Wood of Jefferies rejigs India exposure - Business Standard

Quick Summary:

Among sectors, public sector stocks staged a smart comeback with the Nifty CPSE index, a gauge of performance of central public sector enterprises on the NSE moving up 14 per cent during this period.

Fund managers’ allocation to US stocks dipped to nearly 23 per cent underweight, the lowest since June 2023, BofA said.

A total 205 panelists with $477 billion worth of assets under management (AUM) had participated in the March survey, BofA said.171 participants with $426 billion AUM responded to the Global FMS questions and 107 participants with $193 billion AUM responded to the Regional FMS questions.