India’s stockbroking industry is shifting towards online trading platforms and discount brokers thanks to lower costs. Despite the disruption of traditional brokers by discount brokers, the former still offer comprehensive services, including trading in stocks, commodities, currency, asset management and retirement planning. Regulatory changes from the Securities and Exchange Board of India will increase compliance costs for discount brokers, but lead to increased demand for traditional brokers who provide advisory services. Separating advisory from broking business ensures the industry is fair, ethical and transparent, allowing it to continue to evolve and innovate.
Warburg Pincus to evaluate buying majority stake in Nuvama Wealth: Report
Warburg Pincus may acquire a majority stake in Nuvama Wealth Management as PAG looks to sell its 54% holding, valued at $1.6 billion. JPMorgan and
June 17, 2025