5Paisa, Dolat Investments, Emkay Global: Time to look at brokerage stocks?

Major brokerage houses are indicating a positive upside, daily chart suggests.

Online brokerage houses have seen a spurt in the addition of investors and trading activities in the last few months amid coronavirus pandemic. Interestingly, a substantial number of these new investors are from smaller towns and the average age of such investors is between 25 years and 30 years, according to brokerages.

"The trend of investing in stocks either directly or through mutual fund will continue for retail investors as there are hardly asset classes left to invest and earn decent returns," Business Standard had reported quoting Prakarsh Gagdani, the CEO of 5paisa.com, as saying. READ MORE