The current thinking within Sebi is to cap PMS firms’ investments in all equity and debt securities of related entities put together at 30%. The regulator might also ask portfolio managers to obtain the consent of clients if the money manager wants to invest in related parties, said the people cited above.
Tech View: Nifty finds support at 50-DEMA. What should traders do on Wednesday
Nity on Tuesday ended 140 points lower to form a long negative candle pattern with a minor lower shadow on the daily chart and found