Page 5 - Chris Wood Jefferies

Chris Wood trims India exposure as Covid cases rise

Earlier in December 2020, he raised exposure to Indian equities twice in this and reiterated his bullish on cyclical sectors as economic indicators showed improvement

Use any market correction to stock up on cyclicals, says Chris Wood

Besides Wood, analysts at Credit Suisse Wealth Management also recommend hiking exposure to cyclical stocks as they do not see a repeat of the stringent lockdown seen in 2020

Chris Wood hikes exposure to Indian equities despite expensive valuation

Wood believes that India will, sooner rather than later, be included in global bond indices as a result of recent liberalisation measures.

Chris Wood bullish on cyclical stocks; sees more stimulus from US Fed

GREED & fear's view is that there is a scope for US Fed action inter-meeting if the market action is violent enough

Economic contraction in India an opportunity for long-term investors: Wood

Chris Wood expects the recently concluded quarter to mark the bottom of the economic contraction

Chris Wood sees gold price trebling from current levels to $5,500/ounce

On a year-to-date (YTD) basis, gold prices have surged 27 per cent

Economic recovery in India hinges on moratorium duration: Chris Wood

Wood suggests that moratorium could trigger a consumer lending non-performing loans (NPL) cycle

Global equity markets are likely to continue their up move: Chris Wood

Most analysts agree that the road ahead for the markets will depend on how the government and other policymakers - in India and other countries - adopt measures to combat this crisis.

Central banks may be forced to sell gold; India at risk: Chris Wood

According to reports, official gold reserves in India totaled 653 tonnes at the end of March 2020, while those in Saudi totaled 323 tonnes.

Chris Wood rejigs India exposure; says lockdown disastrous for economy

Wood has rejigged his exposure to Indian stocks in his Asia ex-Japan long-only portfolio with HDFC Bank and ICICI Bank paving the way for Cipla. Besides, he remains bullish Reliance Industries.

Equity and credit markets can retest recent lows, warns Chris Wood

Over the past few weeks, Covid-19 hit, stimulus buoyed markets world over have risen close to a 'bull phase', typically defined as a rise of 20 per cent or more from the recent lows

Morgan Stanley, Jefferies turn cautious on EMs amid coronavirus fears

Chris Wood believes the best way of hedging long equity exposure is to remain long Eurodollar futures which are now discounting one 25 basis point (bps cut) this year

India's insurance is one of Asia's better long-term stories: Chris Wood

In September 2019, he had bought SBI Life Insurance and HDFC Life Insurance, which now account for 5 per cent and 4 per cent weight in the above-mentioned portfolio

Sector watch: Nifty Realty index nears 52-week high; DLF hits 22-month high

While announcing Q2 results on November 7, DLF said the development business has been performing well, and achieved net sales of Rs 725 crore in Q2, and expects this momentum to sustain

Indian economy a victim of Modi govt's shock therapy, says Chris Wood

Wood expects the government to continue to announce measure to prop-up the economy, but remains mindful of the widening fiscal deficit

Tax rate cut: Brokerages rejig index targets; Chris Wood ups India exposure

Besides Wood, Nomura, too, has revised its Nifty50 target for March 2020 to 12,545 on the back of a potential 7 per cent earnings increase in FY20/21

Unsure of economic revival, says Chris Wood; cuts India exposure

In his weekly note to investors, GREED & fear, Wood says Narendra Modi should not have allowed himself to be distracted by the execution of the BJP's agenda on Kashmir

Super-rich tax, auto sector proposals Modi govt's two own goals: Chris Wood

The government decided to cut goods and services tax (GST) on electric vehicles (EVs), while there is a proposal to hike registration fee for new vehicles besides a proposal to scrap old vehicles

Chris Wood rejigs Indian stock exposure; SBI Life replaces Arvind Fashions

Christopher Wood, global head of equity strategy at Jefferies cautions that the 'consumer financing boom' in India has peaked

Modi win makes India stock market story more exciting than ever: Chris Wood

Wood sees mutual fund flows to equities to resume post the outcome of the general election and expects the reforms initiated by the Modi govt in its first term to bear fruits over the next 5 years