Groww Leads India's Booming Retail Trading Market with 1.32 Crore Demat Accounts

India's retail trading landscape is witnessing a dramatic shift, with Groww emerging as the leader among stock brokers. The fintech platform now boasts 1.32 crore demat account holders, surpassing traditional players. Following closely are Zerodha, Angel One, Upstox, and ICICI Securities, rounding out the top five. This surge in retail participation is driven by user-friendly mobile apps, low-cost trading options, and increased financial awareness among millennials. The trend highlights the growing democratization of India's stock market, with new-age brokers leveraging technology to attract first-time investors.

Sources: Economic Times, Forbes India, Chittorgarh, Investorgain