India, April 1 -- Shares of Groww surged as much as 5.60% during the intraday trading today, hitting a high of Rs.158.50 on the BSE after the RBI deferred implementation of new liquidity norms for brokers.
The stock later pared some gains and was trading 4.83% higher at Rs.157.35 at 11:55 IST, with a market capitalisation of Rs.98,401.36 Cr ($10.53 Bn)
Other brokerage and capital market-linked stocks also saw an uptick, with shares of Angel One jumping about 7% to an intraday high of Rs.243.50 during the intraday trade.
The rally follows the RBI's decision to defer the implementation of its liquidity tightening framework to July 1, 2026, providing relief to margin trading facility (MTF) providers. The extension allows marke...
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