New Delhi, May 13 -- Kotak Institutional Equities has revised its model portfolio, increasing weightages on select companies it believes are well-placed to benefit from sector-specific tailwinds, while simultaneously dropping those with weak execution and underwhelming performance.

Domestic brokerage firm Kotak Institutional Equities has raised its allocation to InterGlobe Aviation (INDIGO) by 100 basis points to 2.5 percent and to Pidilite Industries (PIDI) by 40 basis points to 1.9 percent in its latest model portfolio update. The firm cited favourable industry dynamics and company-specific strengths as key drivers behind the decision.

According to Kotak, both INDIGO and PIDI are dominant players in their respective industries - aviat...