IIFL Securities climbs 5%, Angel One, Motilal Oswal Financial Services & SMC Global Securities trade lower; Brokerage Stocks Highlights

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Of the 11 brokerage stocks, five were trading in the red while the remaining in the positive territory on Thursday, with IIFL Securities being the top gainer with a 5.52% increase.

How brokerage firms' stocks performed

• Angel One (-1.02%)
• ICICI Securities (+0.71%)
• Motilal Oswal Financial Services (-3.02%)
• Anand Rathi Wealth (+2.20%)
• SMC Global Securities (-0.48%)
• 5Paisa Capital (+0.29%)
• IIFL Securities (+5.52%)
• Dolat Algotech (-0.71%)
• Geojit Financial Services (+0.42%)
• Nuvama Wealth Management Ltd (-0.23%)
• Monarch Networth Capital (+0.46%)

The shares of Anand Rathi Wealth were trading 2% higher at ₹3,949 on Thursday. The stock opened at ₹3,895 and recorded an intra-day high of ₹4,004.

Shares of Nuvama Wealth Management were trading at ₹4,161.55, gaining 1.89%, on Thursday on the NSE.

Shares of Geojit Financial Services were trading at ₹72, reflecting a gain of 0.49%% or ₹0.35, on Thursday at 1.58 pm.

Most of the brokerage stocks are trading in the green on Thursday, with IIFL Securities gaining over 7%.

How brokerage firms' stocks performed

• Angel One (-0.72%)
• ICICI Securities (+0.10%)
• Motilal Oswal Financial Services (-2.72%)
• Anand Rathi Wealth (+2.12%)
• SMC Global Securities (+0.24%)
• 5Paisa Capital (+0.72%)
• IIFL Securities (+7.35%)

Shares of Monarch Networth Capital were trading at ₹609.10, up 2.81% or ₹16.65, on Thursday at 12:53 pm.

Shares of Dolat Algotech were trading at ₹77.50, reflecting a decline of 0.13% or ₹0.10, on Thursday. The stock opened at ₹77.20 and recorded an intraday low of ₹77.10 as of 12:02 pm.

The shares of Motilal Oswal Financial Services were trading lower at 2.07%, on Thursday at 11:33 am.

Nuvama Wealth Management shares were trading at ₹4,150.60, up 1.62%, on Thursday on the NSE.