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The Economic Times
The Economic Times
Nikhil Agarwal

Jefferies' Chris Wood sells HDFC Bank, PB Fintech shares to buy 2 new stocks

HDFC Bank Jefferies Christopher Wood fintech Lenskart Solutions Multi Commodity Exchange of India India Lenskart MCX Policybazaar

Jefferies’ Global Head of Equity Strategy and emerging markets bull Christopher Wood is removing HDFC Bank and PB Fintech’s PolicyBazaar from his India long-only model portfolio, replacing them with Multi Commodity Exchange of India (MCX) and Lenskart Solutions in a shift toward exchange infrastructure and retail.

“The investments in HDFC Bank and PolicyBazaar will be removed and replaced by investments in Multi Commodity Exchange of India (MCX) and eyewear retailer Lenskart Solutions,” Wood wrote in his GREED & fear report.

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