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Economy

Brokers feel the pinch of regulatory actions, market slowdown in Q3

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Brokers feel the pinch of regulatory actions, market slowdown in Q3

Angel One, the third-largest broker by client base, posted a 17% quarter-on-quarter (QoQ) decline in revenues for the December quarter. Its net profit plunged 34%, falling from ₹423 crore in September to ₹281 crore in December.

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by PressRex
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