Indian brokerage Angel One on Wednesday posted a 61% fall in first-quarter profit, as tighter rules for equity derivatives trading in India weighed on retail activity, a key driver for the brokerage’s earnings. The company’s consolidated profit fell to 1.14 billion rupees ($13.3 million) for the three months ended June 30, compared with 2.93 billion … Read more
Angel One shares fell 7% to Rs 2,740 on the BSE in Friday’s trade following the release of its June 2025 and Q1 FY26 business update. The company reported strong growth in client base and mutual fund SIPs, though weakness in trading volumes and F&O turnover weighed on sentiment. As of June 2025, the client … Read more
Mumbai: Groww, India’s largest broker in active clients, is set to increase its fees by 150% for low-ticket transactions as the profitability of discount broking firms has come under pressure in the face of tighter regulations. The firm, in a communication to clients, said it will hike the minimum equity brokerage charges to ₹5 per … Read more
“Overall, what we need to understand is that markets have rallied significantly from the recent lows of 22,000 to currently trade around 24,300 plus. So, clearly, that has been a 10% more or less rally and in a very short span of time. So, somewhere or the other stocks are definitely witnessing some profit booking … Read more
Shares of Angel One climbed as much as 5.4% on Monday to Rs 2,483.75 on the BSE after the stockbroker firm announced a final dividend of Rs 26 per share for FY25, despite posting a sharp decline in quarterly profit and revenue. The broking firm’s consolidated net profit for the January–March quarter fell 48.7% year-on-year … Read more
Angel One and Havells India among several companies are set to attract investor attention in the coming week as their record dates for various corporate actions approach. These actions include dividends, stock splits, and bonus share issuances. The record date is the critical cutoff for determining shareholder eligibility for corporate benefits such as dividends, stock … Read more
“It is not for the intraday or one or two-days trade, but positionally if we were to see, they are likely to do well in the coming times and overall capital market theme is likely to do well from here,” says Vinay Rajani, HDFC Securities.Well, the market is very sideways. The action is really in … Read more
Nifty on Thursday formed a Doji candle on daily chart, which indicates indecisiveness prevailing in the marketplace at current juncture. The short-term trend of Nifty continues to be positive amid high volatility. Having moved above the hurdle of 22,250 level (mid-part of Tuesday’s long bear candle) recently, Nifty could move towards the next upper hurdle … Read more
Nifty on Wednesday ended 183 points lower near the 22,700 level as the index formed a dark cloud cover candlestick pattern on the daily chart. Support for Nifty is now seen at 22,675-700 and 22,500 levels. On the higher side, the immediate resistance zone is at 22,825-850 levels and the next psychological resistance is at … Read more
Nifty on Friday ended 62 points higher to form a High Wave type of candle on the daily chart. The index recouped losses of its previous week and is now eyeing reclaiming the lifetime high zone. The short-term trend of Nifty is positive and the next upside levels to be watched are around 22,700-22,800 levels … Read more