Do brokerage firm control and influence the markets rather than FII/DII?

My father saw a video and is convinced that Brokers control the market and are the reason why stock prices go down when you buy it. The video presents a data that brokerage firms control majority of the equity market and not FII and DII . Data was something about “Shares of Client Participation in Equity Derivatives” and FPI was 6.1 while PRO was 57.8 . According to him the brokers have all the data of positions of investors and they create panic to bring down prices when it is supposed to be booming due to a good news.

Now I dont know how do I convince him against this , can anyone debunk this?

this is a good idea or script for christopher nolan’s next bit hit. i will email him today.

a broker is just an interface between you and the other party with whom you are dealing.

Check this On conspiracy theories about Zerodha – Z-Connect by Zerodha

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This is great, thanks

Brokers may hope they can manipulate the market. But banks are here to play fishing :joy:

Actually it’s the brokerage firms with tips do manipulate investors not the markets. They push an uninformed investor with some illogical advise and manipulate them to invest . So they may never manipulate the market / may be not even a small cap stock if the reach of that brokerage firm is too little.