Groww Overtakes Angel One in Commodity Derivatives; Analysts See Stock Rally Towards ₹250
Online brokerage platform Groww has strengthened its position in India's financial services industry by overtaking Angel One in the commodity derivatives segment during the April–June quarter. The company has now become the country's largest commodity derivatives broker by Notional Average Daily Turnover (ADTO), while leading global and domestic brokerage firms have reiterated 'Buy' ratings with a ₹250 target price.
Groww Becomes India's Largest Commodity Derivatives Broker
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It was a holiday. But before I would enjoy the mood, I was disturbed by an inexplicable wave of thought.I could not make out what it was. Sudddenly I remembered Rahul, my bosom frend; also my philosopher and guide. I placed my problem in front of him and waited earnestly for his reaction. Instead of
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Groww Overtakes Angel One in Commodity Derivatives; Analysts See Stock Rally Towards ₹250 - Jul 16,2026
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Windfall Tax Revised: Government Hikes Diesel & ATF Export Tax, Announces Relief on Petrol Exports - Jul 16,2026
The move aims to curb excessive windfall profits earned by exporters during periods of elevated global oil prices while ensuring sufficient fuel availability for the domestic market. Windfall Tax Revised: New Export Duty Rates Under the revised Special Additional Excise Duty (SAED) structure, the government has made the following changes: Diesel Export Duty: Increased from ₹8.5 per litre to ₹15.5 per litre. Aviation Turbine Fuel (ATF): Export tax raised from ₹7.5 per litre to ₹14.5 per litre. Petrol Export Duty: Reduced from ₹4 per litre to ₹2.5 per litre, providing relief to refiners exporting petrol. These revised duties apply exclusively to petroleum products exported from India and do not affect fuel sold within the domestic market. No Impact on Domestic Petrol and Diesel Prices The gove
