The Indian capital markets witnessed a broad-based rally today, with several key players in the financial services sector posting significant gains. Leading the charge was Angel One Limited, whose shares surged by 6.71% to ₹2,507.95 on the NSE, following its release of the January 2025 business update. The update highlighted robust client additions and increased trading activity, despite a mixed performance in year-on-year metrics.
Angel One Business Update and Stock Surge
Angel One recorded the addition of 0.61 million clients in January, marking a 2.1% month-on-month (MoM) increase and an impressive 47.5% year-on-year (YoY) rise in its total client base, which now stands at 30.13 million. Despite the growth in client additions, gross client acquisition saw a decline of 15.4% MoM and 36% YoY.
In trading activity, the firm’s notional turnover rose by 6.2% MoM but declined 29.8% YoY. The futures & options (F&O) segment reflected similar trends, with 6.3% MoM growth but a 30.6% YoY decline. Angel One processed 125.96 million orders in January, representing a 5.4% MoM rise but a 24.3% YoY drop.
Motilal Oswal and Other Capital Market Players Gain
Shares of Motilal Oswal Financial Services jumped 12.80% to ₹724.70, making it one of the top gainers in the capital markets today. CAMS, another significant player in financial services, saw its shares increase by 6.51% on the NSE to ₹3,742.55, while CDSL rose by 4.68% to ₹1,350.95.
Broader Market Performance
- HDFC AMC witnessed a 3.01% gain, trading at ₹3,984.80.
- Nippon Life India AMC posted a 5.11% increase, reaching ₹610.
- IIFL Securities recorded an 8.04% surge, reflecting strong investor sentiment.
Despite the broader gains, the S&P BSE Sensex slipped by 0.20%, reflecting minor profit booking amid the positive sentiment.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
