It is not an easy task to understand the functioning of the share market, that too in an economy like India. This is the case, when the need to hire a stock broker arises. Stock brokers are the officially authorized entities to provide the services to the potential investors in the stock market as an agent. They provide a wide range of brokerage services. However, there are a lot of stock brokerage firms existing in the Indian stock market. But in this article, we are going to discuss about the top 3 emerging stock broking firms in India. So, without any delay, let’s get started.
Nirmal Bang: –Nirmal Bang was incorporated in the year 1986 under the name of Nirmal Bang securities Pvt Ltd. It is one of the top most full-service brokers in Indian stock market. Nirmal Bang offers various financial services and products to its customers and has earned much reputation in the market in a short span of time. It was basically established by Dilip Bang, Kishore Bang and Nirmal Bang. The firm offers trading services in various options like derivatives, equities, commodities and currencies. Trading services are offered to the retail clients with the help of various channels such as online trading in NSE and BSE. Apart from it, they also offer services like IPOs, Mutual Funds, Dedicated desks for NRIs and institutional clients, Bonds and fixed deposits, insurance broking, margin financing, clearing services, wealth advisory and research etc.
Wisdom Capital: – Wisdom Capital is a well-known online discount brokerage firm that offers a wide range of discount brokerage services to Indian investors. It services cover future and options, commodities & currencies, stocks on NCDEX, MCX, BSE & NSE. IT also offers automated online investing and broker-assisted trade execution on all the stocks of NSE and BSE. They also offer tools like live data, charting etc at the minimal possible prices for the best interest of both the customer and the company. Wisdom Capital has actually created a large customer base at a rapid pace in a less period of time. With the help of Wisdom Capital’s seamless trading platforms, one can trade in almost all agri & non-Agri and metal commodities. Wisdom Capital’s rating on many broker evaluating websites is better than other brokers on the list. It is one of the best discount brokers of the country.
Marwadi Shares: – Marwadi shares was incorporated in the year 1992 under the name of Marwadi Shares and Finance Ltd. It is a well-known financial services company which offers commodity broking and stock broking services through NCDEX, MCX, BSE and NSE. It operates on both equity derivative and equity cash market in BSE and NSE. It is a Gujrat based firm operating as a full-service broker and providing its services through more than 90 branches and 1450 channel partners. Company also provides many investment opportunities in Currency futures, IPOs, Demat services, PMS, Online trading, Research services, distribution of financial products etc. Brokerage charges at which the brokerage services are offered by the Marwadi Shares are also not that much.
Those were the top 3 emerging stock broking firms in India, which are increasing their clientele base each year because of the quality services being provided by them.