Nithin Kamath said India’s F&O market remains small despite perceptions, with limited participation. A tiny group of 1–2% traders drives 60–70% of volumes, making brokerage revenues highly dependent on a narrow, concentrated investor base.
Will BDL, HAL & other defence stocks deliver rocketing returns? Here’s why this brokerage remains bullish
India’s defence sector is gaining momentum on the back of rising defence spending, localisation, strong order pipelines and growing exports. Bajaj Broking remains bullish on