Industry leaders at the Business Standard BFSI Insight Summit 2025 view the broking slowdown as a healthy reset, with the next growth phase driven by increased market participation
Groww's active client base has grown at a remarkable FY21-25 compound annual growth rate (CAGR) of 101.7 per cent, sharply outpacing the industry's 27 per cent and AngelOne's 48.3 per cent.
Brokers must differentiate through advisory, technology, and customer experience rather than relying solely on pricing, MD and CEO of Axis Securities said
After an initial dip in Q3 and Q4 of FY25, we can now see volumes and client activity are starting to stabilise, says Gurpreet Sidana, chief executive officer at Religare Broking
The company plans to become a member of various stock and commodity exchanges in the country and abroad
The number of individuals with more than $30 million of assets is expected to grow by 50% between 2023 and 2028, according to a Knight Frank wealth report
Angel One reported a healthy 44 per cent year-on-year jump in its consolidated profit after tax at Rs 423.4 crore, in the September 2024 quarter.
Sebi's proposed changes will significantly impact discount brokers, whose business relies heavily on retail F&O trades, Vora said in this interview
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Also, a sharp U-turn in market secondary sentiment also helped draw new investors, said broking industry players
Groww set to become number one in active investors, but Zerodha remains most profitable
As trading volumes are likely to be firm, broking industry revenues could be healthy in fiscal 2023-24 (FY24), even as the yields may not have much further to fall
Analysts anticipate the broking revenue to remain stable in FY24, while expect strong growth in the distribution business and in interest income, led by strong growth in the MTF book
"Maximum returns are seen when small-caps of yesteryear become mid-caps of today and large-caps of tomorrow", says Krishna Kumar Karwa
The profitability of the domestic broking industry fell to 34 per cent in Q1FY23 from 38 per cent in the similar period last year due to geopolitical concerns and the adverse macroeconomic outlook
The influx of retail investors to the market is also visible from the 179 per cent increase in trading volumes during the first nine months of FY22
Angel Broking registered the highest ever quarterly and yearly gross client addition of approximately 1 million and 2.4 million clients in Q4FY21 and FY21, respectively
The main concern for the PSU banks is governance, says Pradeep Gupta of Anand Rathi Shares & Stock Brokers
'The ongoing investor exuberance is expected to wane gradually. The trading volumes are expected to moderate compared to the peak witnessed in the last few months,' says an ICRA official
Today, barely 3 per cent of our population currently invests in stocks or mutual funds; we see great opportunity to expand