Title: Comparison between Four Indian Stock Brokers :-Zerodha, Upstox, Angel Broker and Sharekhan.
\nAuthors: Sharda Singh Kaur
\nIntroduction:
\nIndia has a vibrant stock market that attracts investors from all over the world. Stockbrokers are an essential part of the ecosystem, as they help investors buy and sell securities. Zerodha, Upstox, Angel Broker, and Sharekhan are some of the leading stockbrokers in India. These companies have revolutionized the way people invest in the stock market, thanks to their user-friendly platforms and low fees. Zerodha and Upstox are discount brokers, offering low brokerage charges to their clients, while Angel Broker and Sharekhan provide a range of value-added services like research, trading tips, and portfolio management. Together, these brokers have transformed the Indian stock market by making it more accessible and affordable to retail investors.
\nLiterature Review:
\nLiterature Review 1:
\nDiscount brokerage firms
\nA study aimed to analyze the impact of discount brokerage firms like Zerodha and Upstox on the Indian stock market. The study found that the emergence of discount brokers has led to increased retail investor participation in the stock market. This has had a positive impact on the liquidity and efficiency of the Indian stock market, and has also helped in reducing transaction costs for investors. The study concludes that the entry of discount brokers like Zerodha and Upstox has been a game-changer for the Indian stock market, and has led to democratization of the investment process. (Sharma and Tiwari (2021)
\nLiterature Review 2:
\nTechnology on the Indian stockbroking industry
\nThe impact of technology on the Indian stockbroking industry, with a focus on Angel Broking and Sharekhan. The study found that the adoption of technology has helped these brokers to improve their service offerings and enhance customer experience. For instance, Angel Broking has introduced AI-based tools that help investors make informed investment decisions, while Sharekhan has launched a mobile trading app that enables investors to trade on-the-go. The study concludes that the adoption of technology has enabled Angel Broking and Sharekhan to stay competitive in the Indian stockbroking industry. (Mathew and John (2020)
\nObjectives: To compare the Indian Stock Brokers and to test the hypothesis.
\nH0: All are same
\nH1: Any one of them is different
\nData Collection:
\nThe data was collected in the class and the students of the class were told to grade from scale 1
\nto 10 and from this ANOVA was calculated.
\nData Analysis:
\nANOVA
\nSource of Variation\tSS\tdf\tMS\tF\tP-value\tF crit
\nBetween Groups\t1.3187499\t3\t0.439583333\t0.150921\t0.92897029\t2.662568
\nWithin Groups\t454.375\t156\t2.9126602\t\t\t<\/p>\n
Total\t455.6937\t159\t\t\t\t<\/p>\n
Conclusion:
\nAs calculated F is more than table F, reject H0, accept H1, Which means any one of them is
\ndifferent.
\nReference:-
\n1) Sharma, S., & Tiwari, S. (2021). Impact of discount brokerage firms on the Indian stock market. Journal of Financial Markets, Institutions and Money, 71, 101307.
\n2) Mathew, A., & John, J. (2020). The impact of technology on the Indian stockbroking industry: A study on Angel Broking and Sharekhan. International Journal of Business and Management Invention, 9(3), 32-40.<\/p>\n","protected":false},"excerpt":{"rendered":"
Title: Comparison between Four Indian Stock Brokers :-Zerodha, Upstox, Angel Broker and Sharekhan. Authors: Sharda Singh Kaur Introduction: India has a vibrant stock market that attracts investors from all over the world. Stockbrokers are an essential part of the ecosystem, as they help investors buy and sell securities. Zerodha, Upstox, Angel Broker, and Sharekhan are… Continue reading Comparison between Four Indian Stock Brokers :-Zerodha, Upstox, Angel Broker and Sharekhan.<\/span><\/a><\/p>\n","protected":false},"author":118854,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,38,9,10],"tags":[],"class_list":["post-17675","post","type-post","status-publish","format-standard","hentry","category-business","category-finance","category-management","category-sales-marketing","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/17675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/users\/118854"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17675"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/17675\/revisions"}],"predecessor-version":[{"id":17678,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/17675\/revisions\/17678"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17675"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}