14 Nov 2025 | 5 Mins Read
Broking firms face profit decline due to Sebi curbs
Flipitmoney
Listed Indian broking firms saw profits and revenues decline 14-67% in the September quarter due to lower market volumes and the impact of Sebi's regulations. Trading activity was hit by measures to curb speculation, including margin and peak-margin norms, and a 'true-to-label' circular affecting large brokers. Shares of these firms have seen mixed performances.