New Delhi, Jan. 13 -- The competition in the stock broking space is intensifying with the gap between the second- and third-largest players by active clients shrinking to its narrowest level in five years.

The number of active clients-defined as those who trade at least once a year-for Zerodha in the nine months ended December stood at 6.85 million, marginally ahead of Angel One at 6.76 million, per NSE data.

The active client count difference between the two stood at 311,000 in the previous fiscal year and a staggering 1.17 million in FY24, per the data.

Officials from Angel One declined to comment prior to the release of the company's Q3 results, while a query sent to unlisted Zerodha went unanswered until press time.

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