Sanjeev Prasad, Managing Director, Co-Head of Kotak Institutional Equities, has made some minor changes in the model portfolio. The shift is towards cyclicals at the expense of defensives.

Share Market Live

NSE

He is cutting 100 basis points (bps) from Hindustan Unilever Ltd (HUL) and adding 50 bps each to ICICI Bank and Axis Bank. He is also adding 150 bps to DLF.

Watch the accompanying video of CNBC-TV18’s Nimesh Shah for more details.

To watch other videos in this series, click on the Standout Brokerage Report tab below.

(Edited by : Niral Sharma)

First Published:Apr 13, 2021 10:22 AM IST