Angel One shares surged 4.5% after reporting an 11.3% YoY increase in Average Daily Turnover (ADTO) to Rs 40.05 lakh crore for Q3 FY25. The company saw a 51.7% YoY growth in its client base to 29.52 million. Despite a decline in quarterly ADTO, Angel One gained market share in cash turnover but lost in commodities.
India Inc reduced overseas bond issues on local liquidity, rupee fall
Indian companies scaled back overseas bond issuances as improved domestic liquidity and a weaker rupee made local fundraising more attractive.