CLSA EQUITY STRATEGY : 26.05.2021
* CLSA adds Axis Bank to India focus portfolio, replacing HCL Tech. It has reduced weight in defensives after strong outperformance in the last 2 months
* Add Axis Bank To India Focus Portfolio, Replacing HCL Tech
• Reduce Weight In Defensives After Strong Outperformance In Last 2 Mths
* Top Large Cap Banks Have Surplus Provisions To Offset Balancesheet Risks
• Add Axis Bank To India Focus Portfolio With ICICI Bank & SBI
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