Rajiv Sharma

SBICAP Securities Ltd. (SSL) is the wholly-owned brokerage subsidiary of SBI Capital Markets Ltd., itself a subsidiary of the Indian Government's State Bank of India (BOM: 500112, NSE: SBIN). The firm was created in 2006 to take over the broking operations of SBI Capital Markets Ltd., which was founded in 2001. Headquartered in Mumbai, SSL provides broking services to a range of investors including financial institutions, FIIs, mutual funds, banks, corporates, high-net worth individual, non-residential investors and retail Indian investors. Its broking product range covers Institutional and Retail Equity, Derivatives, Depository Participant services, On-Line trading and a wide variety of Third Party Distribution products.

HSBC Securities & Capital Markets (India) Pvt Ltd. (HSBC Securities India) is a securities brokerage firm headquartered in Mumbai, India. The firm was founded in 1994 and is a subsidiary of HSBC Investment Bank Holdings BV, ultimately held by HSBC Holdings Plc (LON: HSBA) in Great Britain. HSBC Securities India offers services in Investment Banking (IB), Infrastructure and Real Estate, Equities research and stock broking. Infrastructure and Real Estate Group services are provided to governments, large corporates and top-tier banks. Equities research and stock broking primarily cater to the institutional client base which includes foreign institutional investors, foreign portfolio investors, local institutions, mutual funds, insurance companies, and select high net worth and corporate clients.