Indian markets, economy more balanced now than a year ago: Chris Wood

'If there is any reason to change my holding in Adani group stocks, the Hindenburg report on the group is not the one'

CHRISTOPHER WOOD, global head of equity strategy at Jefferies has held on to his exposure to Adani group stocks in his India long-only equity portfolio despite a scathing report by Hindenburg Research earlier this year. In a freewheeling conversation with Puneet Wadhwa on the sidelines of the Jefferies Annual India Forum in New Delhi, Wood shared his views on his strategy for the Indian markets in the backdrop of developments back home and globally. Edited excerpts:

You have retained Adani Ports despite the negative news surrounding the group since January 2023-end. Why’s that?

I have held Adani Ports even before