More than three decades after starting as a broker on the Bombay Stock Exchange, Asia’s oldest bourse, Yogesh Choksey shut up shop last year, missing out on a record-breaking equity rally that would usually boost profits for brokerages. “The business was no longer viable for a smaller setup like mine,” said Choksey, who opened his namesake firm in 1986 in the iconic Jeejeebhoy Towers, home to the BSENSE 0.52 % in the old business district of Mumbai.
Where do HNIs in India prefer to invest these days?
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