Indian brokerages are looking at slower revenue growth as NSE index-option premium turnover fell 27% QoQ in the September quarter and cash-segment average daily turnover dropped 19%. Motilal Oswal fla

What happened: Analysts expect stock brokerage revenue growth to slow sequentially in the July-September quarter as lower derivatives and cash-market trading volumes weigh on core broking businesses. Key numbers: NSE index options average daily premium turnover fell 27% sequentially; cash segment average daily turnover declined 19%. Why it matters: Motilal Oswal sees Billionbrains Garage Ventures (Groww) and Angel One among the most affected listed brokers. Equirus said broking firms may struggle to sustain profitability, potentially hurting profits.

Analysts expect stock brokerage revenue growth to slow sequentially in the July-September quarter as lower derivatives and cash-market trading volumes weigh on core broking businesses.

Motilal Oswal sees Billionbrains Garage Ventures (Groww) and Angel One among the most affected listed brokers. Equirus said broking firms may struggle to sustain profitability, potentially hurting profits.