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flag Zerodha, India's leading brokerage, faces first decline in 15 years due to 30% drop in trading volumes.

flag Indian brokerage firm Zerodha is experiencing its first business decline in 15 years due to a 30% drop in trading volumes, linked to a market correction. flag This downturn could halve the government's Securities Transaction Tax (STT) revenue to Rs 40,000 crore in the next fiscal year. flag The drop in trading activity, affecting 1-2 crore Indians, aligns with the Nifty's longest losing streak since 1996, impacted by global economic issues and foreign investor selling.

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