Angel One, Anand Rathi Wealth gain, ICICI Securities, Motilal Oswal Financial Services and Geojit Financial Services down; Brokerage Stocks Highlights

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The stocks of most of brokerage firms on Thursday closed in green, with 5Paisa Capital (+3.20%) being the top gainer, followed by Anand Rathi Wealth (+2.54%).

How brokerage firms' stocks performed

• Angel One (+1.92%)
• ICICI Securities (-1.72%)
• Motilal Oswal Financial Services (-0.64%)
• Anand Rathi Wealth (+2.54%)
• SMC Global Securities (+1.42%)
• 5Paisa Capital (+3.20%)
• IIFL Securities (+2.63%)
• Dolat Algotech (+1.34%)
• Geojit Financial Services (-0.54%)
• Nuvama Wealth Management Ltd (-0.50%)
• Monarch Networth Capital (+1.26%)

Shares of Nuvama Wealth Management were trading at ₹4,660, reflecting a decline of 1.14%, on the NSE.

Shares of ICICI Securities were down 2.12% to trade at ₹726 on the NSE.

Shares of Monarch Network Capital Limited were trading 0.44% higher at ₹527.95 on the NSE.

Shares of Dolat Algotech were up 0.82% at ₹67.80 on the NSE.

Shares of SMC Global Securities were trading 1.21% higher at ₹125.10 on the NSE.

Shares of Geojit Financial Services were trading at ₹65.70, reflecting a gain of 1.94%, on the NSE.

Shares of ICICI Securities declined on Thursday after its shareholders approved a proposal to delist the brokerage firm from the BSE and the National Stock Exchange (NSE). The company will become a wholly owned subsidiary of ICICI Bank after the delisting.

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Shares of Monarch Networth Capital rose 2.55% to trade at 539.05 on the National Stock Exchange (NSE) at 10:25 am.