InCred bets on Camlin, midcap banks; Exits Adani Ports, Cipla amid tepid earnings outlook

InCred Equities has turned selective on Indian equities, adding Camlin Fine Sciences and mid-sized banks to its high-conviction list while dropping Adani Ports and Cipla. The brokerage’s reshuffle comes amid slowing earnings momentum, even as broader markets rally on improving macroeconomic signals.