If you look at the broking business size; in 2009-10 11700 crores of brokerage was generated. Now, the big picture -10 years down the line, the annual brokerage is estimated to be 65000 crores. There is huge growth expected in mutual funds distribution commissions and insurance distribution commissions as well. The goal you set for yourselves in terms of share of this kitty is very critical. Even if you want to target 0.1 percent of the brokerage kitty, it would be 65 crores! I will not be surprised if the above growth estimates are surpassed.
The equity broking business will be big business!