State of Indian Broking
An auto-generated monthly snapshot of India’s stockbroking industry
Auto-generated from the monthly data refresh — client movers and rank changes are month-over-month from the NSE leaderboard; entrants, penalties and F&O share from the industry rollups and SEBI orders. No new data is fetched.
Biggest movers
Active client codes added / lost this month
Gained the most
Lost the most
Rank shifts
Who climbed and slipped in the active-client leaderboard
Climbers
Slipped
New entrants
Recently-arrived brokers building a client base
Recent regulatory actions
The latest SEBI / exchange monetary orders on record
Market backdrop
The context behind the month
State of Indian Broking — June 2026
India had 4.55 Cr active traders on NSE in June 2026, −1.37 L versus the prior month. This monthly report covers the biggest movers, new entrants, recent regulatory penalties and the F&O-participation shift.