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Jio IPO Lifts Angel One Past Zerodha as India’s No. 2 Broker

Bloomberg Markets6 November 2026, 10:00 UTCIndia

Jio Platforms Ltd.’s record $3.1 billion initial public offering helped Angel One Ltd. overtake Zerodha Broking Ltd. to become India’s second-largest brokerage by the number of active investors on the National Stock Exchange of India.

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