scorecardresearchHere's why Jefferies thinks Indian market rally may not continue; cuts IT, adds FMCG

Here's why Jefferies thinks Indian market rally may not continue; cuts IT, adds FMCG

Updated: 12 Sep 2022, 12:34 PM IST
TL;DR.
Post the recent rally in Indian markets, brokerage house Jefferies has turned cautious on Indian equities. The brokerage believes that the current uptrend in equities may not continue for long.
Post the recent rally in Indian markets, brokerage house Jefferies has turned cautious on Indian equities. The brokerage believes that the current uptrend in equities may not continue for long.

Post the recent rally in Indian markets, brokerage house Jefferies has turned cautious on Indian equities. The brokerage believes that the current uptrend in equities may not continue for long.