Indian Stock Markets have a come long way in past two decades in terms of governance, simplicity, security and participation. Now investors from all over the world are participating in Indian equities like never before.
The participation of retail investors, though relatively low when compared to developed worlds, have also gone up significantly since past 20 years, thanks to the increasing income of urban India. Experts believe that equity investments in India should go up substantially higher from the current levels in next 10 years.
This opportunity has given birth to thousands of stock brokers in India. Many domestic and international banks in India have started offering stock broking and DEMAT services via separate subsidiaries.
While one can choose any authorised stock broker for buying and selling equities in India depending upon the location convenience, charges and other factors but its worth to stay with large broking houses as they provide multiple branch facility and professional service.
Following is a list of top ten stock brokers in India in terms of size, popularity and scale of operation.
- ICICI Securities Ltd.
- Religare Securities Ltd.
- India Infoline Ltd
- Angel Broking
- Axis Direct
- HDFC Securities
- Motilal Oswal
- Geojit BNP Paribas