Broking industry’s performance slows down as geopolitical, macro issues bite: ICRA
Deep Inder Singh, Vice President, ICRA said, “As the incremental retail participation dampened in the current fiscal, the pace of new client additions slowed compared to the last fiscal. Also, notwithstanding the recent trend reversal, the foreign institutional investors (FII) remained net sellers in H1 CY2022, which also weakened investor sentiment. Amid this, DIIs helped the market in FY2022.
