Arihant Capital Markets

@h_nazkani

The source was the “About Us” section on the company’s website (arihantcapital.com).

The article and the list mentioned in your post merely provides a sample list of brokers to prove the basic theme of the article that discount brokers are gaining share over full service brokers. It is by no means a comprehensive list of stock brokers in India and even big, well known brokers such as Kotak Securities, ShareKhan, etc are missing from the list and the aricle.

If you want a complete list of all the stock brokers in India, an easy google search is all that is required. You can start at Top Full Service Brokers in India that provides details of top 25 full service brokers in India (including, off course, Arihant Capital).

Second, the 1.15 lakh customers mentioned on Arihant website does not necessarily mean that all of them are equity broking clients. Apart from equity trading, the total customer base includes clients of their other businesses such as commodity trading, currency trading, investment services, etc.

1 Like