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Jio Platforms' Record IPO Propels Angel One Past Zerodha to Become India's Second-Largest Broker
A record $3.1 billion initial public offering (IPO) by Jio Platforms Ltd has propelled Angel One Ltd past Zerodha Broking Ltd to become India's second-largest brokerage by active investor count on the National Stock Exchange of India. According to National Stock Exchange data, Angel One added 242,805 active investors in October, bringing its total to 7 million and surpassing Zerodha, which had approximately 6.76 million active investors at the end of the month.
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ZEC (Zcash) is up 6.26% over the past 4 hours, currently trading at $1,330.13.
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The Shanghai Composite Index fell 1.06% from its previous close, currently trading at 3,650.85.
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