Broking firms see profit slide as Sebi curbs hit trading volumes

Broking firms see profit slide as Sebi curbs hit trading volumes

Mumbai: Most listed broking firms saw a decline in profits and revenues in the September quarter from April-June, weighed down by a drop in cash and derivatives market volumes and the impact of Sebi’s regulations introduced last year. Five leading listed brokers, including Motilal Oswal Financial Services, IIFL Capital Services, 5Paisa Capital, Angel One and … Read more