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India’s online brokers brace for profits hit after regulatory clampdown

Photo: Getty Images

Intervention to calm frenzied derivatives trading has brought down volumes by 70%.

12 February, 2025 by Krishn Kaushik in Mumbai

Indian online brokerages face a hefty hit to their revenues, say industry executives, after the regulator intervened to curb retail investors’ frenzied trading of risky derivatives markets.

The Securities and Exchange Board of India (Sebi) became concerned last year about millions of young Indians