More leveraged deals, lower base effect spur brokerage recovery in Q3

February 18, 2026

Indian stockbrokers saw improved revenues and profits in the third quarter. Trading volumes increased, boosted by leveraged deals and higher interest income. Exchanges like BSE and NSE also reported growth. This performance was supported by strong activity in cash and derivatives markets, as well as healthy primary market participation. Volatility in commodities also lifted trading volumes.

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The Golden Thumb Rule | Growth at a reasonable price is my rule; overpaying can destroy returns even in bull markets: Srinivas Rao Ravuri

Srinivas Rao Ravuri of Bajaj Life Insurance stresses valuation discipline for wealth creation. He advocates Growth at a Reasonable Price, warning against overpaying for future

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