Portfolio managers have seen a fourth of their clients drop off over the course of the previous three years amid an increase in ticket size and sub-par returns. Portfolio management services (PMS) providers had 161,465 clients in November 2019. That fell 25% to 120,978 as of November 2022, data from a monthly regulatory bulletin showed. […]
By Sameet Chavan The week started with a decent bump up which was then followed by yet another gap up on Tuesday to reach a new milestone of 18600. However, the high beta midcap counters (recent movers) started correcting fiercely, which dampened the overall sentiments in the market. The Nifty 50 index had a rub-off […]
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