India’s stock brokers are preparing for tougher times as the Securities and Exchange Board of India proposed stricter norms for equity derivatives. This is expected to hit profitability for discount brokers such as Zerodha, Groww, and AngelOne. BSE rose by 6%, while NSE’s unlisted shares declined 10-12%. High impact expected for Zerodha, Angel One, and Paytm Money.
Hero MotoCorp shares rise 3% as firm unveils India’s first 100cc flex-fuel motorcycles. Check details
Hero MotoCorp shares gained 3%, after launching India’s first flex-fuel motorcycles, the Splendor+ and HF Deluxe, supporting sustainable mobility and India’s transition to cleaner fuels.