An Empirical Study on Analysis of Stock Brokers in Indian Stock Markets with Special Reference Cash Market


4 Pages Posted: 19 Jul 2021

See all articles by Prof. Jeelan Basha.V

Prof. Jeelan Basha.V

Vijayanagar Sri Krishnadevaraya University Ballari

Date Written: oct 18, 2014


Stock brokerage is an investment services company that is primarily involved in the business of buying and selling stocks and other financial securities on behalf of its clients in return for a fees or commission. The industry operates under close government regulations that aim to protect the investing public. A stock brokerage may not open for business without filing for appropriate registrations and obtaining certain memberships. A stock brokerage may focus on different investment services and clients. It must also be able to provide a wide range of security information to clients for investment research and trade selections. As per Section 65(93) of Finance Act, 1994 “Stock-broker” means a person, who has either made an application for registration or is registered as a stock broker, in accordance with the rules and regulations made under the Securities and Exchange Board of India Act, 1992. A retail brokerage serves only individual investors, whereas an institutional brokerage has the capacity to handle large order flows from institutional investors such as mutual funds. The objectives of the study are to study the performance analysis of Stock Brokering Services and providing findings/ results and conclusions based on analysis. Exploratory research design has been adopted. The study is based on secondary data containing annual number, fees & other charges, type and turnover of registered stock brokers from 2009- 2014. The data is collected from, money and various other reports like magazines, journals, published books and official websites. The statistical tools applied for data analysis in the present study are descriptive statistics, correlation and hypotheses testing It is concluded that stock brokering service plays a major role in mobilizing funds through its expertise in attracting investors to make investment by its suitable guidance. It has become lucrative service in terms of earning.

Suggested Citation

Basha.V, Jeelan, An Empirical Study on Analysis of Stock Brokers in Indian Stock Markets with Special Reference Cash Market (oct 18, 2014). INDIAN JOURNAL OF APPLIED RESEARCH 2014, Available at SSRN:

Jeelan Basha.V (Contact Author)

Vijayanagar Sri Krishnadevaraya University Ballari ( email )

Professor Of Commerce, Vijayanagara Sri Krishnadev
Ballari karnataka, KS KARNATAKA 583105
9986080829 (Phone)
583105 (Fax)


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