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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%.

twitter-logoNiti Kiran | March 17, 2021 | Updated 16:19 IST
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%. Year-to-date (till February), discount brokers had a 64% incremental market share while bank-backed brokers had a 13% incremental market share.

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