m.Stock - Latest News & Updates

Mumbai: India’s largest retail-focused brokerages are facing an existential squeeze. After years of explosive growth fuelled by booming futures and options (F&O) trading, a regulatory clampdown has sharply dented volumes, and with them, profits. Now, with margins under pressure and top-line growth fading, brokers are racing to reinvent themselves by expanding into lending, wealth management, and distribution.

Yoo also noted that he sees great opportunities for India's growing wealth management sector. Yoo narrated that earlier there was a misconception that India was “low income” when measured in US dollar terms. But in reality, a deeper look at state-level GDP per capita reveals the changing face of India's financial sector.

Indian firms are opting for smaller IPOs amid market volatility driven by global tensions and local uncertainties. With reduced valuations and tepid investor sentiment, companies like Ather Energy and Scoda Tubes have trimmed issue sizes by up to 30% to align with current market conditions.

For India, he added that he didn't know what this would mean but said there was a need to present the right picture of India to them. “We have a reasonable government, led by the Prime Minister and Commerce Minister, working to safeguard India’s interests,” he said.