brokerages get a new lease of life

Growing investor participation in the securities market has helped revive the stock broking business in India, with most brokerages recording a growth of over 50-75 per cent in the last one year, experts say. 

Following the formation of a reforms-oriented government at the Centre, there has been a substantial increase in trading in the capital market, with the number of investor accounts climbing 8 per cent 

in a year. 

According to estimates from stock broking firm HDFC Securities, most brokerages saw a growth of more than 50-75 per cent in the past year because of buoyant capital markets.