Securities and Exchange Board of India had asked exchanges to scrap the practice of giving incentives to brokers based on the traded volumes from October 1 last year. While the move was aimed at boosting transparency, brokers said it has eroded profits-particularly of firms that thrived on high-volume trading and razor-thin margins.
5 pharma stks with upside potential of up to 12%
Nifty Pharma index has moved in tandem with the headline index, with nearly 5% returns in the last month, with stocks gaining by up to