Shares of Angel One rose 7.4% on the BSE. Investors expect gains from Sebi’s new F&O market regulations. The regulations may weaken smaller players, boosting bigger firms. Angel One may increase fees or absorb margin impacts. Past customer acquisition helped offset slowdowns. Long-term growth expected in financial products distribution, wealth management, and AMC.
US economy set to slow, but recession unlikely: Richard Yetsenga
ANZ Group’s Richard Yetsenga anticipates a US economic slowdown in the latter half of the year, stopping short of a recession. Despite economists’ bearish outlook,