Here’s why Jefferies removed Zomato and Bharti Airtel
Here’s why Jefferies removed Zomato and Bharti Airtel, Brokerage firm Jefferies has removed food-delivery aggregator Zomato from its model portfolio and has also exited its holding in the same. Another stock that has seen an exit from the model portfolio is telecom giant Bharti Airtel Ltd. Instead, the cash raised from Zomato’s exit has been used to increase weightage in metal stocks. Tata Steel and Hindalco have replaced the two excluded names within Jefferies’ model…