In simple terms, the net selectivity ratio is a measure of a portfolio manager’s stock-picking skills. It looks at how well the manager can choose individual securities that outperform their benchmarks or market indexes. The ratio isolates the returns that arise purely from the active selection of securities rather than external market factors like overall economic conditions or trends within a sector.
Old Fox has dream run on Dalal Street
The Old Fox of Dalal Street has been on a dream run since the past couple of weeks. On Friday, most stocks that he had