The Indian Capital Market is among the oldest stock markets in Asia and play a vital role for economic reform in our country. Stock Broking companies provide assistance to customers in buying and selling of shares.
A a large number of companies are entering this segment, the competition among stock broking companies is becoming intense day by day.
This post describes the top 10 Stock Broking Companies in India.
When it is about stock broking companies in India, Sharekhan is the leader among all the companies. Sharekhan is a leading stock broking company started in the year 2000 and presently operates in many countries apart from India.
Some of the services provided by Sharekhan are Portfolio and Asset Management, Mutual Funds and Trade in Commodities. Sharekhan has a strong presence across the nation with more than 1500 Offices serving over 9,00,000 customers
Angel Broking is a leading stock broking company started in 1987 by Dinesh Thakkar to provide customers a complete solution for Shares and Mutual Funds. Angel Broking offers services like Equity Trading, Depository Services, Portfolio Management, etc. Apart from Stock Broking, the company also provides assistance in wealth management.
Kotak Securities Limited occupies the third position in the list of top 10 best stock broking companies in India. A Subsidiary of Kotak Mahindra Bank, Kotak Securities Limited was established in 1994 and stands among the oldest stock broking companies in India.
Online Trading, Currency Exchange and Funds Distribution are some of the services provided by the company. Kotak Securities Limited serves more than 7,00,000 customers in the country and accounts for over 4,00,000 trades per day.
Next on this list is ICICI Direct, which is a stock trading company of ICICI Bank. The company provides services like Equity Trading, Currency Exchange, Fixed Deposits, Insurance, etc.
Motilal Oswal Securities Limited is a stock broking company started in 1987 and provide various services like Commodity Broking, Online Trading, Asset Management, Equity Trading, Institutional Broking, etc. The company has a wide network across 500 cities and serves more than 8,00,000 customers.
IIFL Holdings Limited founded in the year 1996, stands at sixth position in the list of top 10 Stock Broking Companies in India. IIFL Holdings Limited offers various services to customers that include Wealth Management, Investment Banking, Real Estate Advisory, Commodity Trading, etc.
HDFC Securities is a subsidiary of HDFC Bank engaged in providing the Stock Broking and Financial Services. HDFC Securities offer services like Fund Management, Wealth Management, Loan, etc.
The next stock broking company is Karvy Stock Broking Limited which is a subsidiary of Karvy Group and was started in the year 1985. Mutual Funds, Equity Investment and Currency Exchange are some of the services provided by the company.
Reliance Money is ranked 9th in the list of top 10 best stock broking companies in India. A part of Reliance Capital, Reliance Money offers services like Mutual Funds, Investment Banking, Life Insurance, Portfolio Management, etc. and holds a strong customer base of more than 5,00,000 customers.
Last on this list is Geojit BNP Paribas, which is a Kerala based stock broking company and provides services like Currency Exchange, Mutual Funds, Portfolio Management, etc.
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