Growth Triggers in Place for Broking Industry

Despite the pandemic-induced sharp correction in the equity markets, a new wave of investors swarmed the markets thereafter – scouting for value picks armed with growing awareness and determined to harness the virtues of equity investing. This phenomenon has not only carried on, but has also become a sustained habit for the new-age investors. The period between FY22 which saw a 48 per cent CAGR in demat accounts, is an evident testament of what is in store for the future. Technological advances have also supported increasing participation in equity markets. Financial technology (fintech) companies are increasingly playing a significant role in the growth of the capital markets.