Angel One shares jump over 7% as investors find silver lining in Sebi order

October 3, 2024

Shares of Angel One rose 7.4% on the BSE. Investors expect gains from Sebi’s new F&O market regulations. The regulations may weaken smaller players, boosting bigger firms. Angel One may increase fees or absorb margin impacts. Past customer acquisition helped offset slowdowns. Long-term growth expected in financial products distribution, wealth management, and AMC.

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