ICICI Securities up, Dolat Algotech, Monarch Networth Capital, 5Paisa Capital and others trade lower; Brokerage Stocks Highlights

Apart from ICICI Securities (+0.19%), all other brokerage stocks were trading in the negative territory, with Dolat Algotech being the top loser with a 13.03% decline.

How brokerage firms' stocks performed

• Angel One (-4.36%)
• ICICI Securities (+0.19%)
• Motilal Oswal Financial Services (-7.96%)
• Anand Rathi Wealth (-3.06%)
• SMC Global Securities (-5.87%)
• 5Paisa Capital (-7.75%)
• IIFL Securities (-7.70%)
• Dolat Algotech (-13.03%)
• Geojit Financial Services (-7.81%)
• Nuvama Wealth Management Ltd (-1.38%)
• Monarch Networth Capital (-10.13%)

Shares of 5Paisa Capital declined 7.16% or ₹36.50 at ₹473 on the NSE.

IIFL Securities shares were trading at ₹117.15, down 6% or ₹7.50, on the NSE.

Shares of Geojit Financial Services were trading at ₹63.25, reflecting a decline of 5.95% or ₹4, on Wednesday. The stock opened at ₹67.90 and recorded an intraday low of ₹63.05 as of 14:13 pm.

Shares of Monarch Networth Capital were trading at ₹525.15, declining 7.27%, on Wednesday on the NSE.

Shares of Angle One on Tuesday fell 5.52% to trade at ₹2,386.70.

Shares of Nuvama Wealth Management were trading the positive territory on Wednesday, gaining 0.83% at ₹3,883.25.

Brokerage stocks are trading in the red on Wednesday, with 5Paisa Capital declining over 5%.

How brokerage firms' stocks performed

• Angel One (-2.79%)
• ICICI Securities (-1.13%)
• Motilal Oswal Financial Services (-3.79%)
• Anand Rathi Wealth (-2.95%)
• SMC Global Securities (-4.69%)
• 5Paisa Capital (-5.68%)
• IIFL Securities (-5.05%%)

Shares of ICICI Securities Limited were down 1.63% to trade at ₹741.30 on the NSE at 10.48 am.

Shares of Geojit Financial Services were trading at ₹65.50, reflecting a decline of 2.60%% or ₹1.75, on Wednesday at 10:16 am.