Konpal Pali

HSBC Securities & Capital Markets (India) Pvt Ltd. (HSBC Securities India) is a securities brokerage firm headquartered in Mumbai, India. The firm was founded in 1994 and is a subsidiary of HSBC Investment Bank Holdings BV, ultimately held by HSBC Holdings Plc (LON: HSBA) in Great Britain. HSBC Securities India offers services in Investment Banking (IB), Infrastructure and Real Estate, Equities research and stock broking. Infrastructure and Real Estate Group services are provided to governments, large corporates and top-tier banks. Equities research and stock broking primarily cater to the institutional client base which includes foreign institutional investors, foreign portfolio investors, local institutions, mutual funds, insurance companies, and select high net worth and corporate clients.

HDFC Securities Ltd. is a securities brokerage firm headquartered in Mumbai, India. The firm was founded in 2000 and is a subsidiary of HDFC Bank Ltd. (NSE: HDFCBANK). HDFC provides brokerage services across different asset classes such as equity, gold, debt, real estate, stocks, derivatives, mutual funds, fixed deposits, NCDs, insurance, bonds and currency derivatives.

Motilal Oswal Securities Ltd. (MOSL) is a diversified brokerage firm headquartered in Mumbai with an extensive network of branch offices throughout India. The firm is a subsidiary of Motilal Oswal Financial Services Ltd. (NSE: MOTILALOFS). MOSL provides research-based brokerage services that covers equity and derivatives. Their clients are international institutions from the US the UK, Hong Kong and Singapore, as well as corporations, high-net worth individuals and retail investors.

Part of IndiaNivesh Ltd., IndiaNivesh Securities Ltd. is a Mumbai-based company that offers online share trading, financial updates, and a range of investment options such as equities, mutual funds, commodities, currencies, private equity, and portfolio management services. The company provides tailored brokerage solutions and advisory services, and clients can access their online share trading account from their mobile, tablet, and desktop. IndiaNivesh Securities also offers research reports on different financial products such as equity, mutual fund, commodity, and currency. The company was founded by Dinesh Kumar Nuwal, who has been the CEO since incorporation. IndiaNivesh Securities was acquired by Sanyei Corp. Ltd. on February 02, 2006 for $1.13 million.

Prabhudas Lilladher Pvt Ltd. (PL) is an investment research firm headquartered in Mumbai, India. The firm was founded in 1983 and provides various global equity research reports for institutional and retail clients. PL covers over 150 stocks that span across 20 mid and large sectors. Their Research Desk is comprised of dedicated teams for technical and fundamental research, conducting painstaking research to beat the market time and again. The lab has internally developed analytical tools and models that have consistently provided clients with an edge over the market. The findings of the research team take shape in the form of their various daily, monthly and quarterly; fundamental & technical research reports.

Nuvama Wealth Management Ltd. (Nuvama) is the securities brokerage subsidiary of Edelweiss Financial Services Ltd. (NSE: EDELWEISS) in India. Formerly known as Edelweiss Securities Ltd., the firm is headquartered in Mumbai and provides brokerage services to global and domestic institutional investors. Nuvama offers perspective and fundamental research on economic issues, emerging themes and strategic analysis. They cover more than 250 stocks across 25+ sectors. Their trading desk offers multiple platforms that enable seamless execution of complex trades, across the entire gamut of trading strategies.

Anand Rathi Financial Services Ltd. (ARFS) is an independent securities brokerage firm headquartered in Mumbai, India. The firm was founded in 1994 as Anand Rathi Securities Ltd. ARFS provides Indian equities trading capabilities in the mid and small-cap companies to institutions, corporations, high net-worth individuals and families.

Dolat Capital Market Pvt Ltd. is an independent brokerage firm headquartered in Mumbai, India. The firm was founded in 1970 to offer equity research services, trade execution and settlement (equities and derivatives) to institutional clients. They specialize in the Indian mid-market coverage across sectors.

Angel One Ltd. (Broker) (Angel One-Broker) is the stockbroker division of Angel One Ltd. (NSE: ANGELONE), a Fintech firm headquartered in Mumbai, India. The firm was founded in 1987 and formerly known as Angel Broking Ltd. Angel One-Broker provides full-service broking services to retail clients through various platforms.

Batlivala & Karani Securities India Pvt Ltd. (B&K Securities) is an independent brokerage firm headquartered in Mumbai, India. Founded in 1998, B&K Securities offers investment and financial services such as equity, debt, currency and derivatives research, sales and trading for institutional and corporate clients.

Part of Bank of Baroda, BOB Capital Markets Ltd. is an Indian company that provides brokerage services. The private company is based in Mumbai, India. Ratnesh Kumar has been the CEO of the company since 2016.

ICICI Securities Ltd. (Broker) is the brokerage division of ICICI Securities Ltd., a subsidiary of ICICI Bank Ltd. (NSE: ICICIBANK) in India. Headquartered in Mumbai, the firm was founded in 1995 and offers retail trading and investment services for corporates, financial institutions, high net-worth individuals and retail investors.

Tata AIA Life Insurance Co. Ltd. (Tata AIA Life) is an independent India-based life insurance firm which was founded as a joint venture between Tata Sons Pvt. Ltd. and AIA Group Ltd. in 2001. Headquartered in Mumbai, Tata AIA Life provides life insurance services to the Indian private sector.

Mecklai Financial Services Ltd. is an independent India-based brokerage firm which was founded by Jamal Abdulsultan Mecklai in 1986. Headquartered in Mumbai, the firm provides treasury and foreign exchange risk management consulting services and specializes in currency and debt markets. They provide markets advisory services in the areas of FX risk management, FX infopac, and currency futures broking; strategic risk advisory services, including derivative valuation and accounting, structured product designs and analysis, liability management, treasury operations reviews, asset liability management, and debt structuring and resource mobilizations; risk management consulting services in the areas, such as customized risk management policies, implementation support and management information system development, hedge programs, outsourcing treasury operations, and risk manager software solutions and buyers credit services.

Part of S & P Global, Inc., CRISIL Research is an Indian company that provides investment research. The company is based in Mumbai, India and was founded in 2010.

M.P. Chitale & Associates is an Indian company that provides full service auditing and consulting services. The private company is based in Mumbai, India.

Part of Edelweiss Financial Services Ltd., Edelweiss Financial Advisors Ltd. is a brokerage services provider. The company is based in Ahmedabad, India. The CEO of the Indian company is Rashesh Chandrakant Shah.

Analec Infotech Pvt Ltd. is an investment research firm headquartered in Gurgaon, India. The firm offers platforms and solutions in the investment research and related client servicing space, working with a range of broker-dealers and investment banks globally.

William Albert Securities Ltd. provides brokerage services. The private company is based in Bedford, UK. Samrat D. Bhandari has been the CEO of the British company since 2000.

Way2wealth Brokers Pvt Ltd. (Research) (Way2wealth Research) is the research division of Way2wealth Brokers Pvt Ltd. The firm is headquartered in Bangalore, India and was founded in 1984. Way2wealth Research provides investment research to their clients.

SG Analytics Pvt Ltd is a research organization based in Pune, India. The Indian company was founded by Ahmed Hakki, Sushant Gupta. Sid Banerjee has been the CEO of the private company since 2022.

Part of Aranca US, Inc., Aranca Pvt Ltd. is an Indian company that provides business management consulting services. The company is based in Mumbai, India.

Part of BP Wealth Management Pvt Ltd., BP Equities Pvt Ltd. is a company founded in 1997 that brings together rich legacy and modern approach. The company has decades of experience in bringing out insightful research and offers online trading services. The company is based in Mumbai, India. BP Equities is backed by 70+ years of proven equity expertise and driven by technology.

Part of Moody's Corp., Moody's Analytics Knowledge Services (India) Pvt Ltd. is an Indian company that provides financial intelligence and analytical tool services. The company is based in Bangalore, India.