Alright, we work towards completing the directory of all equity research firms operating in India. As a start, only the premiere one’s are listed. Apart from these, all major brokers (300+) maintain a research section and hence jobs for research analysts. However, the nature of ER job for working in a brokerage house will be totally different from firms which specialize in investment research.
For casual surfers, this will suffice. For anyone looking to work/associate in any of these, joining TTF to exchange more information about each can be much helpful.
- Nomura financial Services: http://www.nomura.com/asia/index.html
- Morningstar: http://morningstar.in
- SNL Financial: http://www.snl.com
- Capital IQ: https://www.capitaliq.com/main.asp
- Strategic Capital: http://www.strategicindia.net
- Irevna: http://www.irevna.com
- JM Financials: https://www.jmfinancialservices.in
- Deutsche Bank: http://www.db.com/india
- Ambit Capital: http://ambitholdings.com
- CLSA: https://www.clsa.com
- Keynote: http://www.keynoteindia.net/index.htm
- UBS Securities: http://www.ubs.com
- Macquarie: http://www.macquarie.com/in
- Cognizant: http://www.cognizant.com/locations/india/india.asp
- Syntel: http://www.syntelinc.com
- Markettopper: http://www.marketopper.com
- CapMetrics: http://www.capmetrics.com
- BRICS: http://www.bricssecurities.com
- BNY Mellon Financial Corporations: http://www.bnymellon.com
- DSP Merrill Lynch: http://www.dspml.com
- 3iAnalysis: http://www.3ianalysis.com
- BMR Advisors: http://www.bmradvisors.com/services.php?cat_id=153
- JP Morgan India: http://www.jpmorganmf.com
- Integreon: http://www.integreon.com
- D. E. Shaw India: https://www.deshawindia.com
- Amba Research: http://www.ambaresearch.com
- Aranca: http://www.aranca.com
- Zacks Investment Research: http://india.zacks.com
- Evalueserve: http://www.evalueserve.com
- Avendus: http://www.avendus.com
- Celent: http://www.celent.com
- ASK: http://www.askfinancials.com
- Morgan Stanley: http://www.morganstanley.com/about/offices/india.html
- Credit Suisse: https://www.credit-suisse.com/in/en
- HSBC: http://www.hsbc.co.in
- Man Financial: http://www.mfglobal.in
- Asian Markets Securities: http://www.amsec.in
- IDBI: http://idbicapital.com
- HDFC Securities: http://www.hdfcsec.com
- HSBC: http://www.investsmartindia.com
- Boston Analytics: http://www.bostonanalytics.com
- Copal Partners: www.copalpartners.com
- AlgoAnalytics: http://algoanalytics.com
- Quant Capital: http://www.quantcapital.co.in
- Hector & Streak: http://www.hectorandstreak.com
- eClerx KPO: http://www.eclerx.com/Finance_Services_KPO.htm
- Parag Parikh Financial Advisory Services Ltd https://www.ppfas.com
- B. M. Chatrath &Co. http://www.bmchatrath.com
- Lamcon Finance & Management Services http://www.lamconindia.com
- Innosolv http://www.incspl.com
- G K Management Services (India) Limited http://www.gkglobal.net
- Firstcall India Equity Advisors Pvt.Ltd (FIEA) www.firstcallindiaequity.com
- Brain Point Investment Centre Pvt Ltd http://www.brainpointinv.com
- Quantlogic http://www.quantlogic.com
- phiNNACLE Wealth Managers http://www.phinnacle.com
- Market Equations http://www.marketequations.com
- 9 Research www.nineresearch.com
Rating Agencies:
- CRISIL: http://www.crisil.com/
- Fitch: http://www.fitchindia.com/
- CARE: http://www.careratings.com/scripts/Home.aspx
- ICRA: http://www.icra.in/Profile.aspx
- Brickwork: http://www.brickworkratings.in
Updated on January 10, 2011

{ 32 comments… read them below or add one }
waiting for the list to be updated
Thanks a lot! this list has given me a lot of hope for breaking into ER.
Hi I am CFA from ICFAI, please guide me in getting a research job.
Financial research is not suitable for everyone. I don’t understand why everyone has started taking the CFA.
Among all finance jobs banking is best. If someone wants to be self-employed then trading can be a wonderful option.
Investing is a quite a complex exercise. But the basic principles, they are amazingly simple…
similar list is maintained at other sites also, but they are outdated.
thanks a lot
this is very useful
Hi please tell me any institute in Kanpur area or shall I come to delhi for finance courses thank you.
thanks for the list
Equity research jobs in India are ver hard to get and this field demands a lot of struggle in initial phase, even after so many firms. There is just too much of unemployed MBAs who have spoiled the job market.
CFA is no longer sufficient to break into ER. the scene is not good in North India at least as I know.
In India there are no legislation rules from SEBI for public advisory. Can anyone suggest what preparation needs to be done for starting one’s own advisory firm?
Took me time to read all the comments, but I really enjoyed the article. It proved to be Very helpful to me and I am sure to all the commenters here! It’s always nice when you can not only be informed, but also entertained!
Which of these firms are in Bangalore? please tell me about job opportunities in Bangalore?
Thanks
very useful, thanks
Hi
how to shift from baking sector to equity research? which courses should I go for.
thanks.
Looking of Individual and corporate willing to invest in intraday Equity trading in NYSE and Nasdaq, competitive rate in the market for further details please send me your name and contact no to robinjohn@live.com
Cheers
Robin John
+917871157053
This is such a huge list with only the premier firms. I wonder how long the list will become if ALL Equity fund houses are mentioned.
Lots of thanks & regards to those who prepared this. It has helped me in job search.
You are a real professional and wonderful to interact with.
List looks very intersting ,Lets see how it works.
Really nice. Thanks.
hi, Ii have completed my CFA from ICFAI so please suggest jobs for me.
This blog has the most relevant info. Thanks.
Good blog with some intriguing information.
Admiring the commitment you put into your website and detailed information you offer.
I recently found what I hoped for before you know it at all. Reasonably unusual. Is likely to appreciate it for those who add forums or anything. Excellent task..
You can make it the ideal trading blog in india
Is not that I am just oppose your perspective but there are more things to consider before the definitive summary could be utilized.
Thanks for taking the time to debate this, It is extremely helpful for me.
i am chartered accountant aged 51 years.Doing eauity research& wave analysis is my hobby.can i get some good job in mumbai!
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