Broking

The JV's wholly owned subsidiary will be called Jio BlackRock Broking, which will undertake "the business of broking subject to regulatory approvals"

Modi says that the account aggregator framework will be the next game changer for the industry

Religare provides loans to small and mid-sized businesses and also has health insurance and broking services units

Board approves ASBA-like facility for secondary market, sponsor-less AMCs

That said, the derivative market average turnover has improved in May

The influx of retail investors to the market is also visible from the 179 per cent increase in trading volumes during the first nine months of FY22

The broking license will allow it to start offering personalised product recommendations to its more than 300 mn users, and offer a much more diverse portfolio of insurance products for consumers

ICICI Securities saw brokerage income jump 61 per cent, while Motilal Oswal saw strong traction in cash market share and the highest ever quarterly client addition

The number of active investors has gone up 30-40% for most top brokers after the Covid outbreak

Opening of new client accounts has seen a sharp jump in recent months

Brokers have blocked payouts to YES Bank accounts and disabled YES Bank in the payments gateway

Angel Broking to appoint Vinay Agrawal as CEO

ICRA also said that domestic capital markets would remain range-bound with a prolonged period of volatility given the weakening of investor sentiment and challenging domestic and global cues

The broking firm's algorithm only uses price and volume as the inputs into the formula, performs consistently