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Jefferies adds Lenskart to India long-only portfolio

Jefferies added Lenskart Solutions, MCX and Bajaj Finance to its India long-only portfolio, removing HDFC Bank, PB Fintech and REC. It also raised Eternal’s allocation, citing improving domestic lending, returning equity inflows and rupee-supportive central-bank measures.

Reported figures

From the report. Source details below

Eternal allocation raised by 1 percentage point
Bank credit growth of 17-18% year-on-year
Corporate lending growth of about 20%

Also in the report

  • Expected inflows of $80 billion-$100 billion

The source

Source Read the source at Business Today

Published

Confirmed by NDTV Profit

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