Nuvama: Groww Less Affected by Reduced F&O Trading Than Rivals

Imagine some companies help people buy and sell stocks and other investments.

One company, called Groww, is the biggest in India based on how many people use it.

An expert group named Nuvama looked at Groww and said it probably won't be hurt as much if people trade less of something called F&O.

This is because Groww is making money from more than just F&O, like loans and managing money for people.

Also, Groww gets its customers directly, while other companies like Angel One sometimes use helpers and have to pay them.

Nuvama thinks Groww's technology and easy-to-use app also help it succeed.

Even if F&O trading goes down a little, Groww's overall money-making and profits should be less affected than some of its competitors.