Brokerages poised for a big leap forward as millennials flock to market

Most brokerages have experienced a growing investor interest pan India, specifically led by the younger population of over 20 and under 40 from Tier- 2 and Tier-3 cities. Despite the impressive growth, India’s retail participation in stock markets is yet minuscule compared to the developed economies. However, it is pertinent to note that India’s stock market capitalization growth (1.8 times the value of the previous year) ranks higher than countries like Russia, Brazil, China, France and South Africa.

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