Nithin Kamath: Why the broking business isn’t as glamorous as it seems
- Posted on June 20, 2025
- By Business News Today
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Nithin Kamath: Why the broking business isn’t as glamorous as it seems

Zerodha co-founder Nithin Kamath highlighted major risks in Indias broking business, including heavy revenue reliance on Nifty and Sensex F&O contracts, limited diversification, and mounting regulatory pressure, questioning the industry's perceived glamour.