India’s stock market downturn has severely impacted the broking industry, with trading volumes and investor confidence plummeting. Zerodha’s Nithin Kamath noted the business is experiencing de-growth for the first time, as investors adopt a cautious, wait-and-watch approach.
In the five trading sessions prior to March 7, the Sensex rose by around 1.5%, or 1,134 points, closing at 74,333. The market ended on
FPIs have been selling off Indian equities in March, with outflows totalling Rs 24,753 crore as of March 7. The trend has slowed slightly, but
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