These are proxies for capital market growth and have seen a stellar run from the bottom of the crash last year
Many people come and go in our lives but there are few who create an everlasting impression on us. Vinay Agrawal was one such personality, says Bhamre.
The drop in high yielding cash market volumes sharply impacted the overall equity brokerage revenue pool which declined by 20% in FY 2012, rating agency ICRA said in its report here today.
Indian equities are not going through a bear phase, said Anand Rathi, chairman of Anand Rathi. He pointed out that the chances of market going down further today are very low. He feels India is still a stock pickers market, however, he indicated that the brokerage industry is going through the toughest time.
Rashesh Shah, Chairman & CEO, Edelweiss Capital tells CNBC-TV18 that brokerage margins have eroded over the quarters with the commission pool size scaling down