Angel One adds 2.43 lakh clients, nears 70 lakh active users
In short
Angel One added 2.43 lakh active clients in October and raised its active client base to 69.99 lakh.
That move put it ahead of Zerodha as India’s second-largest stockbroker by active clients and gave it nearly 15% market share.
What the reporting says
Angel One added 2.43 lakh active clients in October, taking its active client base to 69.99 lakh. The reported client gain helped the broker overtake Zerodha to become India’s second-largest stockbroker by active clients, with a market share of nearly 15%.
Why it matters
Angel One added 2.43 lakh active clients in October, lifting its active client base to 69.99 lakh. The reported gain put the broker ahead of Zerodha by active clients and gave it nearly 15% market share. The development matters for Indian brokerage competition and market share rankings, especially among retail-facing stockbrokers.