Brokers In September: Groww Strengthens Lead, Angel One Closes In On Zerodha

by · Inc42

SUMMARY

  • Groww’s active client base increased to 1.34 Cr in September from 1.33 Cr in August, taking its market share to 29.16%
  • Angel One added 36,956 active clients to reach 67.56 Lakh, narrowing the gap with Zerodha to around 35,830 clients
  • Indian stockbrokers’ combined active client base on the NSE rose by about 1.6 Lakh to 4.61 Cr in September, despite benchmark indices recording their steepest monthly decline in six months. 
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Indian stockbrokers’ combined active client base on the NSE rose by about 1.6 Lakh to 4.61 Cr in September, despite benchmark indices recording their steepest monthly decline in six months.