Angel One reports steady trading days at 20, noting a 1.2% month-over-month (MOM) rise in total orders. The unique Mutual Fund Systematic Investment Plans (MF SIPs) registered indicate an impressive year-over-year (YOY) surge of 1383.7%.
In terms of daily activity, there’s a notable 9.0% MOM upswing in average daily turnover. The overall equity market share expands by 19 basis points (BPS) MOM, while the Futures and Options (F&O) segment witnesses a 20 BPS increase.
Angel One highlights a 3.8% MOM growth in its client base, but there’s a contrasting 6.0% decrease in gross client acquisition for November 2023.
These insights suggest a dynamic landscape for Angel One, with positive momentum in certain aspects of its trading and client metrics, while also experiencing fluctuations in other areas.
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