Brokers

The competitive intensity has resulted in Zerodha’s market share in active traders coming down from 22 percent in early 2023 to around 16 percent now. However, the company’s market share in terms of client assets accounts for about 10 percent of all retail and high-net worth individuals' assets under management in the country

Sebi proposes relief for stock brokers on technical glitch norms, issues draft circular

SEBI mulls changing technical glitch definition for stock brokers; comments on brokers' technical glitch paper must come in by Oct 12

What’s playing behind record leveraged bets in Indian markets?

Indian investors are doubling down on margin trading as domestic institutional investors overtake foreign counterparts, with leveraged bets surging 13-fold to nearly Rs 1 lakh crore over five years.

SEBI prioritises ease of doing business in market overhaul

SEBI has unveiled sweeping regulatory reforms in a consultation paper featuring 20 proposals designed to modernise stock brokerage operations while strengthening investor protection and market oversight

Brokers’ association ANMI stresses on need to reform retail participation in Equity F&O

The latest Sebi study indicates that the net losses of individual traders widened by 41 percent to Rs 1.05 lakh crore in FY25 from Rs 74,812 crore in FY24. The percentage of traders making losses in F&O remained broadly unchanged at 9 out of 10 investors losing money, from the earlier study done by Sebi.

Groww, Zerodha together lose 11 lakh active investors in the first half of 2025

The overall impact on broking business is expected to be minuscule, as the decline in the user base of Groww, Zerodha, and Angel One was only around 5 percent of their active investors

IPO-bound Groww to acquire wealth management startup Fisdom for $150 million

The acquisition comes a fortnight before Groww is expected to file for IPO through the confidential route with the markets regulator Sebi

Groww to file for confidential IPO in two weeks, raises $150 million from GIC

The country's largest stock broking firm by active investor base, has more than doubled its FY24 revenue to Rs 3,145 crore at a consolidated level

How a falling market and tighter regulations impacted brokers

A falling market and SEBI’s regulatory clampdown have hit brokerages hard, slashing both client counts and profitability. But are we seeing green shoots of recovery?

8 of top 10 brokers see a drop in active investors in February as market gloom deepens

Among the top ten broking firms, only HDFC securities and Dhan saw a growth in active investors

Major brokers see active investor addition fall dramatically in Jan, Zerodha sees decline for second straight month

The top three brokers, Groww, Zerodha and Angel One, had investor bases of around 1.3 crore, 81 lakh and 78 lakh, respectively as of January

2024 turns out a blockbuster year for brokers despite lower returns

Even in October and November, when the markets hit the lowest levels this year, the customer addition remained better than most months of 2023

Options trading curbs: A case of throwing the baby out with the bathwater

The retail investors and traders that regulators aimed to protect are now falling victim to various dabba operators, over whom the authorities have no control.

Groww widens lead over rivals, adds 3.5 lakh traders in October

Groww has almost doubled its user base in one year to around the 1.25 crore, while nearest rival Zerodha added only 15 lakh new users

Investors to gain from ASBA-like mechanism; income of broking firms likely to take a hit

The SEBI decision is expected to affect the profitability of the broker community, as ancillary income generated from the client float held by brokers is likely to reduce.

SEBI curbs combined with tax increases will take the wind out of the derivative market

Reducing the number of weekly expiry indices is likely to reduce trading volume significantly. With only two expiries instead of the current five, exchange volumes will drop considerably.

How SEBI actions on options trading will impact brokers

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

Around one-fourth of all BSE trades are now through mobile

Market participants attribute the surge to a combination of factors including simplification, and innovation in the trading apps that have in turn enhanced the level of ease of trading through these apps.

Sebi annual inspections focus on PEPs and Mule accounts ahead of general elections

Given the impending general elections, Sebi has tightened its monitoring of brokers to check mail practices. The regulator has also dwelt in detail to see if the brokers followed all the rules applicable for flagging and monitoring of PEP accounts.

What the NSE-TAP case is all about

What is TAP? What are the allegations in the case? How is NSE involved? An explainer

Sebi finalising draft discussion paper over guidelines for 'finfluencers'

Sebi has been planning to direct brokers, mutual funds to limit use of financial influencers to curb the spread of financial advice via social media advertising and marketing campaigns through such influencers.

NSE lays framework for administrative action against brokers for misuse of clients funds

In the recent past, the exchange has observed instances of misuse of client funds during its inspections as well as in the alerts generated under offsite supervision.

Three top brokers face probe for Money laundering, fraudulent trading charges

The three brokers have also been found to have been connected to PEPs (politically exposed persons) and the role of a key family member of a senior political leader in a key industrial state is also being investigated.

MC Exclusive: NSE paid out Rs 500-1,000 cr to brokers in rebates on options trades

Options trading in India has seen an explosive growth over the last three years, with the annual turnover of options premia climbing from a little over Rs 10 trillion in FY19-20 to Rs 119 trillion in FY22-23.

Sebi to tell brokers, funds to limit use of financial influencers: Report

A surge in retail investors in equity markets during the COVID-19 pandemic led to a proliferation of influencers pushing financial advice on social media platforms.