Stock broking companies are primarily involved in helping out the investors with various aspects of share trading such as equity trading, mutual funds, depository funds, DMAT accounts and a lot more. These firms chiefly help in buying and selling of shares, debentures and similar instruments and earn brokerage or commission for this task. The large number of investors in the Indian stock market has fuelled up the entry of such companies to make the most out of it.
Listed below are the top 10 stock broking companies in India:
1. ICICI Direct.com
This stock broking company provides a wide array of services in the field of trading, banking and D Mat accounts to make sure that the client gets a comprehensive service. Other services provided by ICICI Direct.com include investment planning, fixed deposits, life deposits, loans, NRI services and mutual funds.
2. Kotak Securities Ltd
Featuring next on the list of the best stock broking companies in India is Kotak Securities Ltd, a subsidiary of Kotak Mahidnra Bank and one of the largest and oldest in the country. It provides services like mutual funds, portfolio management and insurance. It operates through 350 branches all over the country.
3. India Infoline
One of the leading stock broking companies in the country is India Infoline, which has a competent and qualified team of experts to look after various aspects of financial services, including banking, equities, insurance, credit and finance and wealth and investment management.
4. Share Khan
The next name on the list is that of Share Khan, a professionally managed stock broking firm, which excels in services such as commodities and equity management, portfolio management and mutual funds. It works through a wide network of branches all over the country.
5. India Bulls
India Bulls financial services have become one of the key players in stock market, earning a tremendous profit of Rs 16,796 crore. Besides making it big in the field of stock brokerage, this company has a significant presence in the field of power and real estate too. Home loans, commercial vehicle loans, secured SME loans and equity are some of the services this company deals in.
6. Motilal Oswal
This company was founded in 1987 with just 2 people in the team, but now has become a big name with more than 1600 employees on its rolls, thanks to its client friendly attitude and use of latest technology. It provides a wide array of financial services like wealth management, portfolio management, private equity and banking services.
7. Bajaj Capital
The next name on the list of top 10 stock broking companies is Bajaj Capital, which has been providing its services since the past 40 years. From this trusted company, you can get financial services and advice on matters such as insurance, tax saving, investment and similar matters. Mutual funds, life insurance, general insurance and post office schemes are some additional services given by this company.
8. Angel Broking
Angel Broking is a reputed stock broking company, which started up in 1987 and is considered amongst the best today. The services and products by Angel Broking include equity trading, mutual funds, portfolio management, life insurance and commodities trading.
9. SMC Group
This leading stock broking company was founded in 1990 and deals in financial services as well as investment solutions. Additionally, it deals in equity and derivatives, currency, commodities and secured loans.
10. Reliance Money
The next name on this list is that of Reliance Money, a subsidiary of Reliance Capital. Cash and Carry, Plus Multiplier and Super Multiplier are some of the financial schemes offered by this trusted stock broking company.