'Over the 10 years of being free, our clients have saved between Rs 2,000 crore and Rs 20,000 crore as equity delivery brokerage,' says Kamath
Over the next few quarters, CLSA said that there will be lingering uncertainty over more skeletons in the closet and management continuity.
The referral partner programme had largely come to a standstill following regulatory directives; brokerages had made representations to the regulator to reconsider restrictions.
Check out the latest brokerage calls and analyst comments on the stocks in action today. Our coverage includes SBI Card, PVR, defence players and more.
However, instead of its core business, Cred is eying stock broking as a natural extension of its anticipated strategy of full-fledged a financial services platform, with broking a part revenue driver
The features introduced include a 'safeguard' tool wherein a futures and options account will get stopped for 30 days if an investor is not able to provide additional information to prove suitability, the platform Groww said
NSE, through its recent directive, prevented sharing brokerage revenue for demat referrals to prevent trade inducement.
Angel One is one of the few IPOs that listed below its issue price and still became a multibagger. The stock has surged 25 percent in the last five sessions.
Options volume has surged from ₹4.6 lakh crore in 2018 to ₹138 lakh crore in 2024 and retail participation has shot up, prompting the market regulator is consider trading curbs
Piper Sandler became the second brokerage this week to downgrade the stock on worries of tepid demand for its products, including the iPhone.
Small brokers are in for a tough time as they will have to grapple not only with working capital issues but will also have to funnel in their own funds, in case they were using clients' funds for prop or arbitrage trading
The Board of Directors have recommended a dividend on equity shares at the rate of Rs 30 per share, the company said in a regulatory filing.
SEBI’s announcements are in the right direction, but they may hurt active traders
UPI became a hit because you could transfer money to anybody in a jiffy at any time. It's the 24-by-7 into 365-day availability that caused it to become a success story. It's the same with extending trading hours too. It's about availability, it's not about the fee here.
Margining rules have been tweaked and unscrupulous brokers are making a quick buck on the resultant confusion.
While founder Nithin Kamath supports the tightening of regulations, he says the short-term impact on business cannot be ruled out. Superior technology has been its distinguishing factor but Zerodha, too, has faced glitches. In July, some demat accounts were said to have been hacked
The Q3 numbers were largely in line with the expectations. Brokerages, however, raised concern towards the weak margin outlook.
Twitter users flagged several problems in the Zerodha app, from it being slow to showing errors in fetching data.
Sharekhan has picked these smallcap stocks with an upside up to 36 percent.
The returns are close to those offered by saving bank accounts
Discount brokerages cater to the growing active trading/investing community in India that prefers to self-educate and take independent decisions
Indian real estate operations contributed 50% to the overall revenue while 41% came from international business and rest 9% from mortgage business, Square Yards said in a statement.
Apart from costs and annual charges, new investors need to check if they would get stock research reports from the broker to help them make the right decisions
Here's what brokerages have to say on the lockdown in India.
Management expects demand scenario to stabilize in next 2-3 quarters driven by government spends in rural infrastructure and better GDP growth.