The FinTech Hub
Source: Live Mint The total number of demat accounts in India reached 175 million in September 2024, according to Motilal Oswal report. This reflects an increase of 4.4 million accounts added during the month, resulting in an average monthly addition of 4 million accounts year-to-date for FY25. The report highlights a notable rise in demat…
Source: Live Mint Brokers collect exchange transaction fees from traders and pass them on to exchanges; however, exchanges used to give these brokers discounts for fetching massive volumes, something the brokers used to keep for themselves. The debut of the new regime on 1 October ends this practice, forcing brokers to transfer the entire transaction…
Source: Live Mint Motilal Oswal Financial Services (MOFSL), in its latest report, said that Q2 will see the slowest earnings growth for Nifty companies in 17 quarters, caught between tailwinds and headwinds. After four years of robust double-digit growth, the slowdown in corporate earnings is expected due to pressures from commodity prices, diminishing tailwinds from…
Source: Business Standard Stock Market, Market(Photo: Shutterstock) 3 min read Last Updated : Oct 03 2024 | 12:04 PM IST Brokerage firms in focus: Brokerage firms such as IIFL Securities, 5Paisa, and Geojit Financial Services dropped up to 8 per cent, on Thursday, October 3, 2024, following the Securities and Exchange Board of India’s…
Source: Live Mint MUMBAI : Angel One Ltd gained about 7% in the last two trading sessions following its decision to charge brokerage for cash delivery trades. The Street has cheered the move as the likely gains from the strategy seem enough to offset the impact of true-to-label pricing norms. The stock price uptick implies…
Source: Business Standard 4 min read Last Updated : Oct 01 2024 | 2:10 PM IST Angel One share price: Domestic brokerage firm Angel One share surged up to 7.38 per cent to hit an intraday high of Rs 2,751 per share on Tuesday, October 01, 2024. The rise in Angel One share…
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 8:05 PM IST Angel One on Friday settled an alleged front-running case with capital markets regulator Sebi by paying Rs 21.64 lakh towards settlement charges. The settlement order came after Angel One had filed a settlement application on May 15,…
