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.
NATIONAL FERTILIZERS LIMITED A PSU UREA MFG COMPANY MAKING PROFIT AND GIVING DIVIDEND AND VERY LITTLE FLOATING STOCK SINCE MAINLY HOLDED BY GOVERNMENT.
ReplyDeleteCAN BE A ROCKET SHARE IN NEAR TERM DUE TO UREA PRICE RISE,GOOD MARKET DEMAND AND COMPANY BEING LARGEST PRODUCERS HAVING 4 PLANTS.
PRESENT PRICE RS 77 CAN SEE UPSWING TO RS 90 AND RS 96 IN NEAR FUTURE .COMMENTS WITHOUT ANY LIABILITY.
ICICI Direct receives the best e-Broker award for the eighth consecutive time at the Outlook Money Awards 2012.
ReplyDeleteWhat about Ashika, Microsec, Anand Rathi, Sushil Finance and other brokers whose advertisements we see every day on channels?
ReplyDeleteThey are also brokers but not among top 10. You should be careful in picking small broker as they sometimes shut operations over night. Ashika in one of them. It was held by SEBI for some wrong doings in the market. Stick to large quality names in broking.
ReplyDeletewhat about the karvy broking
ReplyDelete