Broking boost
For more than a year now, the Indian broking industry has been dealing with headwinds from Sebi’s regulatory changes in F&O and subdued equity markets. “Over this period, Groww has shown more resilience, greater ability to cross-sell and better profitability relative to peer, Angel One,” said Jefferies India’s analysts, adding that Groww’s cash orders have grown sequentially for two quarters, while option orders in the last two quarters were higher than Q3FY25.
