Angel One, 5Paisa: Most brokerages' shares look weak amid market volatility

According to analysts, the stock broking industry is expected to see tepid growth in fiscal year 2022-23 (FY23) amid market volatility

Shares of broking firm were in limelight on Monday with those of Angel Broking witnessing an up move of over 6 per cent, while 5Paisa Capital and Arihant Capital Markets were trading with 3 per cent gains in intra-day deals. 

According to analysts, the stock broking industry is expected to see tepid growth in fiscal year 2022-23 (FY23) even though the outlook is stable. Rising market volatility and weakness in stock prices are among the key headwinds faced by the sector. READ MORE
 

Let's look at technical charts to review whether this up move is short term or