Nextbillion Technology (Groww), the venture capital-backed broking platform, has dislodged Zerodha Broking as India's largest brokerage in terms of number of active clients. Groww had 6.63 million active clients at the end of September, as against Zerodha's 6.48 million, ending the latter's long run at the top. AngelOne and RKSV Securities (Upstox) were ranked third and fourth with 4.86 million and 2.19 million active clients, according to data available on the National Stock Exchange (NSE).
Lawyers say compensation may be an uphill task for investors because of a lack of judicial precedent and broader institutional difficulties.
Ratan Tata invested about $299,000 during the first six months of 2016.
At the BSE, 1,552 stocks advanced, while 1,419 declined and 118 remained unchanged.
As stock markets continue to witness a dream rally, the total market valuation of domestic listed companies has soared to a record $1.6 trillion on a day the benchmark BSE Sensex ended at a new closing high of 28,177.88.
Dragged down by a massive fall in the stock market, total investor wealth slumped by nearly Rs 3 lakh crore on Tuesday as shares of over 2,200 listed firms ended in the red.
India has reached a significant milestone on Friday (November 28) by achieving Rs 100 lakh crore or 100 trillion market cap.
The industry's reactions to the Budget have been mixed.
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