Jefferies’ Chris Wood to increase investment in Zomato
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Christopher Wood, global head of equity strategy at the brokerage firm Jefferies, is reportedly set to increase his investment in the Indian foodtech giant Zomato by another percentage point. The development comes a month after Wood introduced Zomato in his portfolios. According to a CNBC-TV18 report, the investment in Zomato will come after reducing its stake in the state-run petro giant ONGC.