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Mounting concentration risk has forced the fund house to change tack yet again. While shifting focus to small-cap stocks from defensive ones could somewhat help, such frequent switches are less than ideal.

With competition in the segment intensifying, the chief business development officer of India’s largest exchange unpacks the bourse’s strategy going forward.
The market regulator is once again considering allowing colocation in the segment to pave the way for a smooth trading experience as commodity derivatives are drawing investors in hordes.
Promoters balk at smaller issues and uncertain pricing, choosing to wait out volatility.