Brokerage stocks riding the wave, but avoid aggressive bets: Experts

Record addition of demat accounts by individual investors has driven rally in brokerage stocks this year. Angel Broking, which debuted at a 10% discount to its IPO price in October 2020, has jumped 280% so far in 2021. ICICI Securities, Motilal Oswal Financial Services, JM Financial, Geojit Financial, Emkay Global, and Aditya Birla Money have gained 30-80%.

via Economictimes

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