Indian stockbrokers plan major IT budget increases, focusing on AI, trading tech, and blockchain.

Over 83% of Indian stockbrokers plan to boost their IT budgets next year, with over 40% aiming for a 20% increase. Key technologies include AI, algorithmic trading, and blockchain, focusing on efficiency and customer satisfaction. More than 60% have already digitized over half of their processes, emphasizing safety and user-friendliness to attract retail investors.

November 22, 2024
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