3/10/2024, 11:23:03 am

Angel One shares jump over 7% as investors find silver lining in Sebi order

Shares of stock broking platform Angel One on Thursday jumped 7.4% to Rs 2,794.25 on BSE as investors believe that Sebi's move to impose stricter regulations in the F&O market may make smaller players weaker and the larger players may gain market share. Ideally, since the measures are aimed at reducing customer losses (if implemented), the longevity of the customer in the system increases.