NISM 21B Portfolio Managers Exam Notes

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  • Equity Portfolio: Balances risk and return via stock selection.
  • Stock Exchanges: BSE, NSE facilitate equity trading.
  • Liquidity Risk: Difficulty selling stocks without price impact.
  • Volatility: Price fluctuations, higher for small-caps.
  • Market Sentiment: Influences prices beyond fundamentals.

NISM 21B Portfolio Managers

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