HDFC Securities is feeling the pinch. F&O volumes are down, traders are pulling back, and HDFC’s main income stream—F&O brokerage—is under pressure. Even Angel One reported a 38% PAT drop. Is this the beginning of a long slump for brokerages?
HDFC Securities is feeling the pinch. F&O volumes are down, traders are pulling back, and HDFC’s main income stream—F&O brokerage—is under pressure. Even Angel One reported a 38% PAT drop. Is this the beginning of a long slump for brokerages?