Online brokerages see growth in new investors, trading activity in Mar-June

Jaideep Arora, the CEO of Sharekhan by BNP Paribas said traders, investors and new entrants are looking at this pandemic situation with both caution and opportunity

Online brokerage houses such as Zerodha, Upstox, and 5paisa.com have seen a spurt in the addition of investors and trading activities during the March-June period amid coronavirus pandemic.

Apart from these, Sharekhan by BNP Paribas also witnessed a growth in the onboarding of new clients and trading activities. Interestingly, a substantial number of these new investors are from smaller towns and the average age of such investors is between 25 years and 30 years, according to brokerages.

"Retail investors, after a long time, seem to have come into the markets after a crash, buying large-cap bluechip equity and are seeing