DO INDIA’S CAPITAL MARKETS have AI? Yes, they do. True-play AI? Ah, well, not quite.
A large part of stock market trading and execution is done using software—algorithms or algos in market parlance—with little or zero human intervention. Stock exchange data shows that well over 50 per cent of the trading volume originates from such automated trading systems. The past couple of years have seen new-age brokers like Zerodha, Small-case, Groww, Upstoxx and Fyers, along with traditional names like
