Bangalore: The stock brokerage sector has been affected due to the turmoil in the current market situations and broader economic crisis. Most of the brokerages have closed at the lowest in five years and it is not possible that they would see any rise very soon; it would be only likely in the next few years. The brokerage sector has been plagued and it’s believed that only few will be able to perform well once the market swings up. Here is the list of 12 brokerages that are offering good entry points.

Edelweiss Financial Services

It is a company that provides financial services and is based in Mumbai. It also provides other services such as investment banking, institutional equities, private client broking, asset management, wealth management, insurance broking and wholesale financing services etc. It operates in 43 offices and branches across 19 Indian cities. Edelweiss was established in 1996 and henceforth it has grown into a diversified financial services company.

India Infoline (IIFL)

It is a brokerage firm dealing in retail brokerage, institutional brokerage, consumer lending, institutional lending etc. It was founded by Nirmal Jain as an independent business research and information provider and gradually evolved into a financial services provider. IIFL operates in 2500 business locations in over 500 cities and towns across India. It is listed in the BSE and the NSE for securities trading and is also registered as a Category I merchant banker and is registered as SEBI (Securities and Exchange Board of India) portfolio manager.