03 Feb 2026 | 5 Mins Read
Jefferies updates trade deal model portfolio with new gainers
Flipitmoney
Jefferies has rewritten its India model portfolio, boosting metals exposure, adding US-exposed beneficiaries, and trimming IT sector weightings after India and the US agreed on a trade deal reducing punitive duties from 50% to 18% on Indian exports. The deal also eliminates US tariffs on Indian imports. Sector winners include auto ancillaries, solar manufacturers, chemicals, and textiles.