The growth rate of HDFC Securities is increased 3.95% in June 2020

HDFC Securities Limited Is a financial services intermediary and a subsidiary of HDFC Bank, the best online trading platform for stocks, IPOs, mutual fund in India.On June 2020, the growth rate of HDFC Securities increased 3.95% .

The benchmark Sensex fell 37% between February 19 and March 23 but has recovered 40% since then. Since February 19, foreign institutional investors have sold shares worth more than 43,000 crore while domestic institutional investors bought shares worth Rs 87,000 crore.

All this is music to the broking industry which has been witnessing a surge in fortunes even before the onset of the lockdown. They broking industry continues reap massive gains reporting an average month on month growth of 15-20% in new account openings.

ICICI Securities' March 2020 quarter net profit rose by a whopping 54% over the year ago period while Geojit Financial Services' profits jumped 79%. Revenues of listed discount brokerage 5Paisa Capital jumped 75% while Centrum Capital turned into profits in March 2020 from losses in the March 2019 quarter. Internet trading volumes jumped 71% in June 2020 over June 2019.Share of HDFC Securities are available in the Pre IPO – Unlisted space.Reach out to us : sandip@abhisheksecurities.com

Sandip Ginodia , CEO

ALTIUS INVESTECH PVT LTD

We deal in over 60 unlisted companies with 15 years of experience .

For latest prices visit : www.abhisheksecurities.com/unlisted.htm / call : 09830271248 .

Email : ginodiasandip1@gmail.com

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