Discount broking is the future: HDFC Sec CEO
The New Indian Express Kochi|December 30, 2024
Investors are now choosing only discount platforms; full-service brokerages might only cater to HNIs in future
BENN KOCHUVEEDAN @Mumbai

HDFC Securities, which entered the discount-broking space a little over a year ago, expects its low-cost broking arm HDFC Sky to turn profitable in the next fiscal.

This is on the back of the runaway success it notched up in the past 13 months in terms of customer acquisition (over 1.1 million as of December) and the rising trading volume on the platform. The company is not planning any share sale, citing strong financial performance.

この記事は The New Indian Express Kochi の December 30, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The New Indian Express Kochi の December 30, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

THE NEW INDIAN EXPRESS KOCHIのその他の記事すべて表示
The New Indian Express Kochi

Award Motivates Players Even More, Says Sanjay

AT 23, Sanjay was the youngest member of the Indian hockey team that won the bronze medal at the Paris Olympics.

time-read
2 分  |
January 06, 2025
The New Indian Express Kochi

Man United hold PL leaders Liverpool in thrilling encounter

CRISIS-HIT Manchester United held Liverpool to a 2-2 draw at Anfield on Sunday but the runaway Premier League leaders moved six points clear at the top of the table.

time-read
1 min  |
January 06, 2025
The New Indian Express Kochi

Karnataka in QFs, TN reach pre-quarters

KARNATAKA, Gujarat, Maharashtra, Vidarbha and Baroda secured direct qualifications for the quarterfinals of the Vijay Hazare Trophy following the seventh and last league stage of the tournament on Sunday.

time-read
1 min  |
January 06, 2025
The New Indian Express Kochi

MORE QUESTIONS THAN ANSWERS

On whether out-of-form players should play the last rounds of the Ranji Trophy I would always like everyone to play domestic cricket. That is how much importance domestic cricket needs to be given. Not only one game, if they are available and they have the commitment to play red-ball cricket, everyone should play domestic cricket. As simple as it can get. If you don't give importance to domestic cricket, you will never get the desired players that you want in Test cricket. On the future of Rohit and Virat I can't talk about the future of any player, it's up to them as well. But yes, what I can say is that they still have the hunger, they still have the passion, but ultimately as we all know whatever they plan, they will plan for the best interest of Indian cricket

time-read
4 分  |
January 06, 2025
The New Indian Express Kochi

Hard-fought win for 9-man Blasters in ISL

KERALA Blasters earned a hard-fought 1-0 away victory over Punjab FC in the Indian Super League in New Delhi on Sunday.

time-read
1 min  |
January 06, 2025
The New Indian Express Kochi

Why Fin Services in India Will Boom and Bloom

HERE was a cheer when India's stock market registered the 100 millionth (10 crore) investor account.

time-read
2 分  |
January 06, 2025
The New Indian Express Kochi

Banking stocks may stage a comeback in 2025

According to analysts, apart from fintech sector, e-commerce & IT services have huge growth potential this year

time-read
2 分  |
January 06, 2025
The New Indian Express Kochi

Crystal-Ball Gazing Across Asset Classes

It is not as much the stocks or mutual fund schemes one selects as much as it is the right asset allocation for a given period that contributes to wealth creation for an investor.

time-read
2 分  |
January 06, 2025
The New Indian Express Kochi

Rate cut to trigger growth: Muthoot

KOCHI-BASED Muthoot Microfin is hopeful of better days ahead, even as the industry faces headwinds.

time-read
2 分  |
January 06, 2025
The New Indian Express Kochi

FMCG makers expect inflation to hit volume growth, operating profit in Q3

HIT by inflation, higher input costs and pricing measures, fast-moving consumer goods companies are expected to see a contraction in their gross margin and a modest-to-flat operating profit in the October-December quarter.

time-read
1 min  |
January 06, 2025