 "Brokerage")
Online brokerages are witnessing an uptick in new client registrations despite the meltdown in the market. Most leading players say additions over the past one month have been as much as 80 per cent higher than their past monthly average. Ease of account opening thanks to e-KYC, tempting valuations after the market crash, work-from-home directives and mega IPO of SBI Cards are some of the reasons cited by broking houses for the spurt in account openings.
Zerodha, India's largest brokerage firm in terms of clients, says it has had an 80 per cent jump in average monthly new client additions
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