Broking stocks in demand

Today, the ‘broking’ stocks or firms like Edelweiss, Angel Broking, Motilal Oswal, Geojit Financial, JM Financial and many more all up in the green.

With more and more retail investors getting into the stock market, these broking firms are expected to post some very good numbers. Also with the market also doing well, traders are putting all their bets on these companies.

The perception is that as equity culture grows in Tier II and III cities, with more population entering the working age bracket, the demand for equity investment will only continue to grow further and traders wants to bank on companies which are digitally enabled now.