Groww-th Before the War: Brokers Add Investors for Second Straight Month
Most large brokerage houses saw a steady rise in active investors in February before the US and Israel war on Iran triggered market volatility, data available with the National Stock Exchange (NSE) shows.
Seven of the top 10 brokers saw active investors base grow in February with the country’s largest broker, Groww, adding more than 2.65 lakh customers during the month. To learn more about Groww review, click here.
Top Brokers See Steady Growth in Active Investors
The second and third largest broking firms by active customers, Zerodha and Angel One, added 10,000 and 11,000 investors, respectively. Zerodha vs Angel One is a popular debate among traders, with each having its own strengths and weaknesses.
Investors who have traded at least once in 12 months are considered as active by NSE. This metric is crucial in understanding the Indian stock market trends and the overall health of the brokerage industry.
ICICI Securities and Dhan See Significant Growth
ICICI Securities added close to 30,000 customers in February. Over the last year, it has been one of the biggest gainers along with other bank-backed brokers such as SBI Cap, HDFC, and Kotak. To know more about ICICI Securities review, visit our website.
Dhan, which focuses on the trading community, added 20,000 active investors in February, after adding close to 15,000 customers in January. Dhan review highlights its unique features and benefits for traders.
Investors Upbeat Amid Uncertainties
Investor enthusiasm comes amid an increased securities transaction tax (STT) announced in Budget this year to deter speculative trading in futures and options (F&O). February also saw the IT index delivering one of the worst months in almost two decades since the US housing crisis and global economic slowdown in 2008.
To understand the impact of STT on trading, it’s essential to analyze the market trends and investor behavior. The Indian economy update also plays a crucial role in shaping the stock market.
West Asia War May Impact Investor Growth in March
“While the euphoric investment in gold ETFs has come down in February, investor interest remained stable, and some activity is coming back from investors who remained dormant in 2025. But the West Asia war and the heightened volatility could upset this growth in March,” said a senior executive with a broking firm on condition of anonymity as he is not authorised to speak to the media.
The West Asia war impact on stock market is a significant concern for investors, and it’s essential to stay updated on the latest global market news to make informed investment decisions.
Conclusion
In conclusion, the Indian stock market has seen a steady rise in active investors for the second consecutive month, with top brokers like Groww, Zerodha, and Angel One adding new customers in February. However, the West Asia war and heightened volatility may impact investor growth in March. To stay ahead of the market, it’s crucial to stay updated on the latest stock market news India and Indian stock market analysis.