Reliance Money is retail brokerage company and a subsidiary of the prestigious Reliance Industries.
Like most of the other brokerage firms, India Infoline Services has its headquarters in Mumbai.
A relatively new player in the brokerage market, Bajaj Capital started in 2008 and is based in Mumbai.
India, with an increasing capital market and a growing number of investors, has a number of brokerage firms. As of 31 March 2015, a total of 2,33,18,447 investors have their accounts and have their business going with the Indian Stock Market.
With its head office in Mumbai, Maharashtra, Sharekhan is present in around 450 cities in India and it is serving over 9,50,000 customers through its 429 outlets across the country. It operated via 150 branches on pan India basis and a strong base of around 2,500 employees. In Indian retail brokerage industry, the brokerage firms primarily work as agents for buying and selling of securities like shares, stocks and other financial instruments and earn commission for each of the transactions.
HDFC Securities has over 100 branches in India and has got over 1,500 employees working for it. Indiabulls Securities boasts of running one of the most efficient and fastest trading base in India.
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