The top three brokers, Groww, Zerodha and Angel One, had investor bases of around 1.32 crore, 81 lakh and 78 lakh, ...
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Zerodha CEO Nithin Kamath revealed that the company is experiencing its first business slowdown in 15 years. A decline in active users across major stock broking platforms signifies a broader market ...
Zerodha Co-Founder Nithin Kamath warns of a significant downturn in the broking industry as trading volumes drop by over 30%, ...
Nithin Kamath noted that the downturn has thus, led to over 30% drop in trading activity across brokers, marking the industry ...
The stock market fell sharply on Friday, with the Sensex dropping 1,414 points and the Nifty slipping below 22,150. The heavy selling wiped out nearly Rs 9 lakh crore in market value.
February proved to be a turbulent month for Indian stock markets, with the Sensex plunging over 4,000 points and the Nifty 50 ...
Kamath highlighted that the industry is already grappling with a substantial drop in activity following recent regulatory changes ...
Bengaluru-based Zerodha is the second largest stock broker in India, with approximately 8.1 million active traders on its platform. Kamath wrote, “We are witnessing a significant drop in both trader ...
Groww, India's largest brokerage firm with 1.3 crore users at the end of February, saw a drop of over 2.2 lakh active ...