Signal Desk · Companies

Angel One overtakes Zerodha in active NSE clients

2026-11-06 · 1 source · Business Standard Companies

In short

Angel One’s active NSE client base rose to 6.99 million in October.

That put it ahead of Zerodha’s 6.76 million clients, while Groww stayed No. 1 with 13.75 million. The change shows how India’s top brokers are competing for active users.

What the reporting says

Angel One’s active NSE client base rose to 6.99 million in October, overtaking Zerodha’s 6.76 million clients. Groww stayed the largest broker with 13.75 million active clients. The numbers show a shift in the ranking of India’s top retail brokers by active users.

Why it matters

Angel One’s active NSE client base climbed to 6.99 million in October, moving it ahead of Zerodha’s 6.76 million and making it the second-largest broker by active clients. Groww remained the leader with 13.75 million clients. The report is a ranking update for India’s retail broking market and points to competition among major platforms.

Touches: Angel One, Zerodha, Groww, Companies, Markets

Sources