Press release
Financial Brokerage Market in India 2021 | Angel Broking Limited, Geojit Financial Services Limited, ICICI Securities Limited, IIFL Finance Limited, Kotak Securities Limited, Motilal Oswal Financial Services Limited, Reliance Capital Limited, SMC Global S
The brokerage market was valued at INR 135.0 Bn in FY 2016. In FY 2020, it reached INR 210 Bn from INR 195 Bn in FY 2019, expanding at an annual growth rate ~7.69%.
Key Players: Angel Broking Limited, Geojit Financial Services Limited, ICICI Securities Limited, IIFL Finance Limited, Kotak Securities Limited, Motilal Oswal Financial Services Limited, Reliance Capital Limited, SMC Global Securities Limited, HDFC Securities Limited, Sharekhan Limited
The financial brokers offers financial advice to the firm or the individual. India's broking industry is transitioning from a transaction-based to a fee-based model, offering services such as investment advisory and wealth management. Apart from advisory services, emphasis on fund-based activities, including loan against shares and margin funding, is rising, allowing brokers to build sustainable earnings. Financial brokers have developed their marketing ability to support customers in achieving their goals. They offer wide-ranging products and services that strengthen their relationship with clients.
The industry gained popularity, owing to a significant increase in trading activities. Financial brokerage firms have generated revenues from stocks, commodities, and currency. The financial brokerage market operates through different business verticals including full-service, discount, and hybrid brokerage. The full-service brokers segment accounted for the significant share of the brokerage market in FY 2020, followed by discount brokers and hybrid. Major players operating in the market include Angel Broking Limited, Geojit Financial Services Limited, ICICI Securities Limited, and Kotak Securities Limited.
Impact of Covid-19
The pandemic and prolonged global lockdown severely impacted India's financial market and liquidity position. A struggling economy in India, coupled with the outbreak of COVID-19, has led to an apprehensions in which capital market investments have become a challenge for investors. While the Indian economy has been experiencing massive pressure of the COVID-19 pandemic, the trading volumes in the domestic capital market started to recover after the lockdown was lifted. It reached an all-time high in July 2020.
Market segment insights
In FY 2020, full-service brokers held the highest market share (~58%) of the overall broking industry based on NSE active clients. The shift of the trading platform from offline to online-offline mode increased the revenues generated by full-service brokers. However, in India, full-service brokers have been experiencing unstable growth as leading companies are losing considerable market share to discount brokers.
Key growth drivers of the market
Technological innovations is a significant driver for the increasing participation of investors in equity markets. The pandemic resulted in a significant meltdown in the stock market. Improved financial awareness led to a 130% growth in Demat account openings. About 6.3 Mn accounts were opened in the first half of FY 2021. Post demonetization, fintech companies have played a significant role in the growth of the brokerage market, backed by increased smartphone users and high internet speed with low data costs. Retail investors use mobile-based trading as they primarily invest in convenient and user-friendly apps with secure platforms
In India, brokerage houses offer global investment services that permit their customers to own blue-chip stocks in the US. Investors' demand for portfolio diversification is one of the key drivers that encourage firms to provide these services. Broking firms entered into international partnerships, indicating a good demand for such services. In September 2020, Kuvera, an online platform for investments in India's mutual funds, partnered with the US Securities and Exchange Commission's listed investment adviser, Vested Finance. This partnership permits investors to purchase stocks from the US on its online platform.
Feel free to ask your queries at https://www.marketreportsonline.com/contacts/requestsample.php?name=839020
Corporate Headquarters
Tower B5, office 101,
Magarpatta SEZ,
Hadapsar, Pune-411013, India.
+ 1 888 391 5441
sales@marketreportsonline.com
MarketReportsOnline.com is your one stop market research and industry analysis reports' library providing business data and intelligence information on thousands of micro markets with global as well as regional coverage. Category focused research, country reports, company profiles, regional and global industry profiles and guides to premium reports offering extensive coverage of other 20+ industries are all available in our library of syndicated market research reports.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Financial Brokerage Market in India 2021 | Angel Broking Limited, Geojit Financial Services Limited, ICICI Securities Limited, IIFL Finance Limited, Kotak Securities Limited, Motilal Oswal Financial Services Limited, Reliance Capital Limited, SMC Global S here
News-ID: 2354831 • Views: 672
More Releases from ReportsnReports

Microfilm and Microfiche Equipment & Supplies Market 2023: Some Basic Influencin …
The Microfilm and Microfiche Equipment & Supplies report compiles the market information depending upon market development and growth factors, optimizing the growth path. In addition, it highlights the strategies and market share of the leading vendors in the particular market. The report follows a robust research methodology model that helps to make informed decisions. It obtains both qualitative and quantitative market information supported by primary research.
The Microfilm and Microfiche Equipment…

Healthcare RCM Outsourcing Market 2023 | Futuristic Technology- Conifer Health S …
The Healthcare RCM Outsourcing research report studies primary and secondary research in order to analyze the data effectively. The market study further also draws attention to crucial industry factors such as global clients, potential customers, and sellers, which instigates positive company growth. In order to gauge the turning point of the businesses, significant market key players are also enlisted in order to deliver readers with in-depth analysis about industry strategies.
The…

Gracilaria Agarose and Gelidium Agarose Market to Witness Huge Growth by Key Pla …
The Gracilaria Agarose and Gelidium Agarose research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Gracilaria Agarose and Gelidium Agarose research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope, market overview, and driving…

Spices and Seasonings Market 2023: Some Basic Influencing Factors Making It's Bo …
The Spices and Seasonings report compiles the market information depending upon market development and growth factors, optimizing the growth path. In addition, it highlights the strategies and market share of the leading vendors in the particular market. The report follows a robust research methodology model that helps to make informed decisions. It obtains both qualitative and quantitative market information supported by primary research.
The Spices and Seasonings research report recognizes and…
More Releases for Limited
Cold Chain Market in India 2020 | Snowman Logistics Limited, Coldstar Logistics …
Request Free sample on this latest research report @ https://www.marketreportsonline.com/contacts/requestsample.php?name=828960
Key Players: Snowman Logistics Limited, Coldstar Logistics Private Limited, Gati Kausar India Limited, Gubba Cold Storage Private Limited, Kool-ex Cold Chain Limited, Seabird Logisolutions Limited, DHL Logistics Private Limited, Kuehne + Nagel Private Limited
Cold chains provide storage and distribution services for products that are temperature-sensitive. Depending on the nature and purpose of storage application, cold chains have been categorized as frozen…
Power Sector in India 2021 | Adani Power Limited, CESC Limited, Damodar Valley C …
Request a FREE sample on this latest research report @ https://www.marketreportsonline.com/contacts/requestsample.php?name=837846
Companies covered: Adani Power Limited, CESC Limited, Damodar Valley Corporation (DVC), NHPC Limited, NTPC Limited, SJVN Limited, Suzlon Energy, Tata Power Limited, Websol Energy System Limited, Nuclear Power Corporation of India Limited (NPCIL)
The Indian power sector has undergone a significant transformation in terms of power supply, energy demand, fuel mix, and market operations. India appeared to be the third-largest power…
Gin Market major keyplayers Tilaknagar Industries Limited, United Spirits Limite …
Future Market Insights (FMI) has published a new report, which is titled, “Gin Market: Driven By Changing Lifestyle and Expanding Urban Population - India Industry Analysis and Opportunity Assessment, 2015 – 2025.” The Indian gin market is witnessing a steady rise on account of the growing urban population and changing demographics. The change in outlook of the Indian society towards social consumption of alcohol is driving the growth of the…
Auto Ancillary Market In India And Top Key Players Are Amtek Auto Limited, Bhara …
The auto ancillary industry is the other side of the automotive industry, which deals with the manufacturing and selling of intermediate parts, equipment and chemicals among others. The auto ancillary supply chain members are original equipment manufacturers (OEMs), tier I, tier II, tier III manufacturers and intermediaries. OEMs deal in high-value instruments and dominate the market, while the unorganized sector serves the aftermarket and deals in low-value products.
Market segmentation
The Indian…
India footwear Market 2018-2025 Growth Analysis by Key Players, Khadim India Lim …
India footwear market
Currently, India is the second largest footwear manufacturer in the world after China. The footwear market consists of companies engaged in manufacturing, selling and marketing of different kinds of footwear and accessories to the end users, namely men, women and kids. Footwear has evolved from being a necessity, as protection for feet, to an accessory which has become a style statement for customers. The Indian footwear market…
India Footwear Market Business Analysis 2018 | Growth Opportunities by Top Playe …
A report added to the rich database of Qurate Business Intelligence, titled “Footwear Market in India (2018-2023)”, provides a 360-degree overview of the Indian market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable in context to particular time period…