'Broking industry offers enough for all players to grow and be profitable'

Today, barely 3 per cent of our population currently invests in stocks or mutual funds; we see great opportunity to expand

Retail investors have been a major driver of markets in the past few months besides foreign institutional investors (FIIs). DINESH THAKKAR, chairman and managing director, Angel Broking – the fourth largest broking house in India – tells Puneet Wadhwa in an interview that equity penetration in the country is at a very nascent stage, and there is still huge untapped potential available for growth. Edited excerpts:

What has been your experience in the broking business segment at Angel Broking over the past few months?

Over the last decade, we have made the transition into a complete digital player. The business