Electronic board indicating the latest stock figures are reflected in a glass facade at the National Stock Exchange of India Ltd. in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

India’s Top Five Brokerages By Market Share

Investor participation on the National Stock Exchange is at a multi-year high.

More than 85 lakh active clients, who bought a firm’s products at least once in the last 12 months, traded on the country’s largest bourse as on June 30.

While ICICI Securities Ltd., India’s largest brokerage by investors, added active clients, its market share declined from 10.84 percent as of March to 9.53 percent in June. Zerodha is now the second-largest broking firm with a 7.52 percent share.

Among others, market share of HDFC Securities and Sharekhan declined marginally, while that of Axis Securities rose to 4.62 percent from 3.57 percent.

India’s Top Five Brokerages By Market Share

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