Broking Firms

Shares of broking firms fell after SEBI announced new measures to tighten index derivatives, with a phased implementation expected to impact around 35 percent of premiums and shift focus to participant behavior post-implementation.

MC Explains: Sebi directive on uniform charges and its impact on brokerage rates

From October 1 onwards, exchanges will have to levy a uniform transaction charge on all broking members irrespective of the volume they generate for the bourse

Zerodha's net profit nearly doubles to Rs 2,094 crore in FY22 on 80% rise in operating revenue

Zerodha reported a consolidated net profit of Rs 2,094 crore in FY22, up 87 percent from Rs 1,122 crore in FY21 (2020-21). The company's operating revenue surged 82 percent to Rs 4,963 crore in FY22 from a year earlier

Zerodha reaches the cusp of moderation after 12 years of scorching growth

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

Broking firms registered at Gujarat GIFT City to get stamp duty refund

The state government's move is expected to attract more broking companies to the special zone.

How will RBI select entities for new bank licence?

Experts discuss different categories of candidates that have applied for new bank license and who among them are most likely to achieve it.

Crunch time at broking firms: The good, bad and ugly

In every downturn in the stock market, broking houses are the first to feel the heat, as trading volumes drop sharply. Already, many of the leading brokerages have started closing down unprofitable branches, firing employees and slashing salaries. The question now is: how much worse can it get?