Kotak Institutional Equities updates its model portfolio by removing TCS, DLF and Lodha and adding new names including Adani Ports and Eternal. The change is framed as a rotation away from certain sectors toward areas Kotak expects to offer different risk-reward characteristics.
Both reports link the move to shifting valuation concerns in IT and real estate, describing them as areas that are becoming less attractive in the near term. NDTV characterizes the portfolio shift as rotating into sectors such as ports, insurance and infrastructure, reflecting a change in how the brokerage positions model holdings across industries. The updates are presented as model-portfolio adjustments rather than direct claims about underlying company fundamentals, and the additions are intended to align the portfolio with Kotak’s evolving sector outlook.
While the two sources repeat the same portfolio rationale and the same set of key changes, they differ only in the specific phrasing of the topic framing (“realigned model portfolio” versus “stocks in focus”).
