Rise of new stock brokers
Discount brokers continue to dominate with a market share of 43%, led by Zerodha (19%), twice the market penetration of bank backed brokers' share of 21%.
Niti Kiran
- Mar 17, 2021,
- Updated Mar 17, 2021 4:19 PM IST
Discount brokers continue to dominate with a market share of 43%, led by Zerodha (19%), twice the market penetration of bank backed brokers' share of 21%. Year-to-date (till February), discount brokers had a 64% incremental market share while bank-backed brokers had a 13% incremental market share.
Also Read: New SEBI framework to streamline IPO process
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Discount brokers continue to dominate with a market share of 43%, led by Zerodha (19%), twice the market penetration of bank backed brokers' share of 21%. Year-to-date (till February), discount brokers had a 64% incremental market share while bank-backed brokers had a 13% incremental market share.
Also Read: New SEBI framework to streamline IPO process
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