Matt Orton, Chief Market Strategist at Raymond James, says success in the Indian market now calls for a more selective approach. In his latest update, he detailed tweaks to his portfolio, favouring companies delivering solid performance and consistent execution.

Orton said he's trimmed on his position in ICICI Bank after a period of relative weakness and shifted some part of that capital into HDFC Bank , a stock that he's he has held for a while, which he stated is 'working better.'

He has also added Adani Ports and Special Economic Zone , which he bought after meeting the company's management in India last June. Orton said he's confident about the business, and he likes the execution the way the management team is executing and working to capture a bigger share of clients' spendin

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