Impressive Growth in the Financial Brokerage Firms Witnessed The optimism and expectation engendered by the new political dispensation (central government) not withstanding there are strong reasons to feel bullish once again and positively expectant on the Indian bourses and stock markets. Inspired by an upbeat stable political environment already inspiring the new economic and political policy the overall growth projections seem quite much achievable and probable. For good measure the cumulative quarterly results or figures on the Indian stock markets seem to be playing to a new tune. Anything seems possible and the sky is the only limit to a rampaging ‘Indian bull’. Quarterly Figures and Turnovers to Support Growth Claims There have been some exceptional bullish figures and turnover figures from the leading financial services firms that support the pro growth perspective. This continued trend has had some positive trend on the financial services sector with due diligence of mutual response in positively inspiring figures for the just ended cumulative quarters. Some of these financial services firms and their positive growth figures are as presented here below; Firm
Growth Figures
Percentage
Motilal Oswal Financial Services
123.65 Crores
70%
Edelweiss Financial Services
127.5 Crores
BNP Paribas Financial Services
70.32 Crores
58.34%
IIFL Holdings
111.73 Crores
30.6%
With an upbeat economy on the back of strong indicators for policy revival and legislation, stable central government has spurred some interest in the Indian stock markets and bourses. These indicators among others are a main plank for a progressive claim in the last few quarters especially in the Indian financial services sector. Reasons for Renewed Interest in the Indian Financial Services Sector -Increase in income calculated from the capital markets trade -High turnover on the Indian bourses for the last consecutive trading months of September and October witnessing high respective growth figures. -Derivatives and cash segment of Bombay stock exchange (BSE) and National stock exchange (NSE) reach combined highest figures of 8.52 lakh crores turnover. -Increase in average daily turnover (ADT) on Indian stock markets consistent at 3 lakh crore over five period. -Improvement on the average daily turnover (ADT) figure in October to 3.25 lakh crore. -Decreased in competition prevalence in the brokerage business sector. There is a strong positive pro growth storm sweeping across the Indian economy and it begins with the small investor’s faith in the capacity of the nation to deliver on a variety of parameters. Strong global cues not withstanding