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An uphill task for new stockbrokers as Sebi cracks down on excessive speculative trades

Economic TimesEconomic Times · 3d
An uphill task for new stockbrokers as Sebi cracks down on excessive speculative trades

Although the actions of the regulatory authority SEBI have affected established stockbrokers, such as Zerodha and Groww, new wealth tech startups are still emerging in the Indian market. Despite the challenges posed by changing regulations and reported losses by retail investors, venture investors are attracted to this space due to the potential for growth and the under penetration of the Indian equities market. These startups aim to provide user-friendly platforms and educational content to attract new users and provide long-term investment options. However, industry insiders believe these startups will face tough competition and limited scope for profits in the derivatives trading market. Some investors are also seeking startups that combine online and offline distribution capabilities.

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