Active clients of brokers have started shrinking (active means who traded atleast once in last 12 months)
Zerodha Broking 65,90,699
Nextbillion Technology 51,65,760
Angel One 42,44,617
RKSV Securities 38,64,087
ICICI Securities 26,86,765
HDFC Securities 11,26,177
5Paisa Capital 10,75,717
Kotak Securities 10,56,932
Motilal Oswal Financial Services 9,00,242
Sharekhan 7,49,880
Iifl Securities 7,19,141
Paytm Money 6,30,257
Sbicap Securities 6,02,289
Axis Securities 3,89,282
Choice Equity Broking 2,63,576
Geojit Financial Services 2,35,090
Nuvama Wealth And Investment. 2,19,314
FNO India Securities 1,84,346
Fyers Securities 1,62,734
SMC Global Securities 1,58,580
Religare Broking 1,44,310
Alice Blue Fin Svcs 1,41,649
Nirmal Bang Securities. 1,31,592
Marwadi Shares And Finance 1,19,233
Ventura Securities 1,14,183
Anand Rathi Share And Stock Brokers 1,07,378
Espresso Financial Services. 1,03,678
Reliance Securities 91,560
Jainam Broking 88,030
Moneylicious Securities 80,741
Bajaj Financial Securities 77,765
Swastika Investmart 76,675
NJ India Invest 74,242
Samco Securities 71,113
Tradebulls Securities 68,945
Finwizard Technology 68,000
Idbi Capital Markets & Securities 67,157
Aditya Birla Money 66,836
Jm Financial Services 63,508
Profitmart Securities 57,050
Monarch Networth Capital 56,919
Mirae Asset Capital Markets 56,772
Shcil Services 56,234
Master Capital Services 53,768
Bonanza Portfolio 50,708
Globe Capital Market 47,715
Integrated Enterprises 45,616
Finvasia Securities 43,174
Arihant Capital Markets 42,385
Prabhudas Lilladher. 40,662
Dhani Stocks 39,445
Vns Finance & Capital Services 39,224
Yes Securities 35,642
Goodwill Wealth Management 34,409
Suresh Rathi Securities 33,911
Shri Parasram Holdings. 32,296
Shah Investors Home 31,660
Lkp Securities 29,477
Shriram Insight Share Brokers 28,237
Way2Wealth Brokers 25,734
Moneywise Finvest 25,007