Hyderabad|India|September'2009: Sharekhan Ltd,
India’s leading retail stock brokerage houses with a strong online trading
platform, inaugurated its new branch in Hyderabad on Dassera,Sep 28, 2009.
The branch is located at 215, MIG - 1,Above Rithika Showroom, KPHB Colony,
Kukatpally Village, Hyderabad - 500 072. The new branch was inaugurated
with a lamp lighting ceremony.
The new branch in Hyderabad is completely online
servicing branch and will offer all their services like
trade execution facilities for cash as
well as derivatives, on the Bombay Stock Exchange (BSE) and the
National Stock Exchange (NSE), depository services, mutual funds,
initial public offerings (IPOs), and commodities trading facilities
on the MCX and the NCDEX. The Hyderabad branch is an addition
to the company’s existing ground network of over 1200 share shops
across 400 cities in India.
Speaking for the occasion,
Mr. Tarun Shah, CEO, Sharekhan Ltd said,
“This is another step towards achieving Sharekhan’s goal of helping
the retail investor invest in and reap the benefits of the stock
markets. Sharekhan will guide such first-time investors in the city
to throw light on the stock market and help them make informed
decisions though our Firststep program,”
Sharekhan Ltd is India’s
leading online retail broking house. Launched on Feb 8th 2000 as an
online trading portal, it has today a pan India and international
presence (UAE and Oman) with over 1000 outlets serving 850,000
customers across 400 cities. Sharekhan offers services like
Portfolio Management, trade execution in equities, futures &
options, commodities and distribution of mutual funds, insurance and
structured products. These are backed by high quality investment
advice from an experienced research team at Sharekhan, which
provides fundamental and technical research, market related news,
statistical information across equities, commodities, mutual funds,
IPOs and much more. Sharekhan is a member of the Bombay Stock
Exchange, the National Stock Exchange, and the country’s two leading
commodity exchanges, the NCDEX and MCX. Sharekhan is also registered
as a Depository Participant with NSDL and CDSL.
Sharekhan has set category
leadership through pioneering initiatives like ‘Trade Tiger’; a net
based executable application that emulates a broker terminal besides
providing information and tools relevant to Day traders. Their
second initiative, ‘First Step’ is targeted at empowering first time
investors. Sharekhan has also set their global footprints through
the ‘India First’ initiative, a series of seminars conducted by
Sharekhan to help NRIs participate and benefit from the huge
investment opportunities in India.
