According to Motilal Oswal, the market share of Groww stood at 25.1% after rising 41 bps MoM. At the same time, Zerodha’s market share went down by 25 bps to 17.1% in July. Angel One also continued to attract investors as the market share of the third largest player in the industry rose 9 bps to 15.3%.
Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps,