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Angel Broking, Geojit: More upside likely for brokerage-related stocks

Increased volumes-based buying shows market participants' keen interest in brokerage firms

Topics
Brokerages | Angel Broking | Motilal Oswal Securities

Avdhut Bagkar  |  Mumbai 

Increased in volumes show market participant's  interest in brokerage firms

The and asset management industry has been one of the most rewarded industries amid the Covid-19 pandemic. As financial institutions lowered interest rates to spur economic growth, investors turned to stock to secure their financial position. In FY21, the industry revenues are pegged to have grown between 65-70 per cent over FY20. The strong growth was underpinned by robust addition in new customers, according to rating agency Crisil.

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First Published: Wed, May 12 2021. 11:53 IST
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