Sharekhan is a leading online brokerage firm based in Mumbai, India, offering a comprehensive range of financial services, including stock trading, mutual funds, commodities, and currency trading. Established in 2000, Sharekhan has emerged as one of India's largest retail broking houses, catering to a diverse client base of individual investors, traders, and institutions.
History:
Sharekhan was founded in February 2000 by entrepreneur Shripal Morakhia with the aim of providing retail investors with easy access to capital markets and investment opportunities. The company began its operations as an online trading platform, leveraging technology to offer seamless and user-friendly trading services to clients across India.
Over the years, Sharekhan has expanded its product offerings and geographical reach, establishing a network of branches and franchisees in various cities and towns across India. In 2016, Sharekhan became a subsidiary of BNP Paribas, one of the largest financial services groups in the world, following its acquisition by BNP Paribas Group.
Services:
Sharekhan offers a wide range of financial services to meet the diverse needs of its clients. The company's core services include:
Stock Trading: Sharekhan provides online trading platforms and mobile apps that enable investors to buy and sell stocks listed on Indian stock exchanges, including the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
Mutual Funds: Sharekhan offers a comprehensive selection of mutual funds from leading asset management companies, allowing investors to invest in diversified portfolios based on their financial goals and risk appetite.
Commodities Trading: Sharekhan facilitates trading in commodities such as gold, silver, crude oil, and agricultural products through its commodity trading platform.
Currency Trading: Sharekhan enables investors to trade in currency derivatives, including futures and options contracts on major currency pairs.
Investment Advisory: Sharekhan provides research reports, market analysis, and investment recommendations to help clients make informed investment decisions.
Technology and Innovation:
Sharekhan has been at the forefront of leveraging technology to enhance the trading experience for its clients. The company continuously invests in upgrading its trading platforms, mobile apps, and digital infrastructure to provide a seamless and intuitive user experience.
Sharekhan's trading platforms offer features such as real-time market data, advanced charting tools, customizable watchlists, and online fund transfer facilities, empowering investors to trade efficiently and effectively from anywhere, at any time.
Regulatory Compliance:
As a registered brokerage firm in India, Sharekhan operates in compliance with regulations set forth by the Securities and Exchange Board of India (SEBI) and other regulatory authorities. The company adheres to strict guidelines governing investor protection, transparency, and market integrity, ensuring a safe and secure trading environment for its clients.
Summary:
Sharekhan has established itself as a trusted and reliable partner for investors seeking access to India's capital markets. With its extensive range of financial services, commitment to technological innovation, and emphasis on customer satisfaction, Sharekhan continues to play a prominent role in India's retail broking industry, empowering investors to achieve their financial goals and build wealth over the long term.
